Chestnut Holdings obtained financing of $7M from JPMorgan Chase Bank

September 6, 2019 5:19 am

Chestnut Holdings through the entity 174 LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $6.7 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 59 residential units at 54 West 174 Street in Highbridge. The deal closed on August 26, 2019 and was recorded on September 05, 2019.
The property contains a total of 57,100 square feet of built space.
The average loan per unit is $113,559.

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

Share this article