Chestnut Holdings obtained financing of $5M from JPMorgan Chase Bank

Chestnut Holdings through the entity 2345 Tiebout LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank Na valued at $5.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 66 residential units at 2345 Tiebout Avenue in Fordham. The deal closed on August 27, 2019 and was recorded on September 05, 2019.
The property contains a total of 59,400 square feet of built space.
The average loan per unit is $82,727.
The last time the property sold was February 07, 2008, for $4,597,500.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link