David Shweky borrows $6.6M from Bethpage Federal for warehouse property in Fort Greene

David Shweky through the entity Ft. Greene Holding Corp. as borrower signed a loan agreement with lender Bethpage Federal Credit Union valued at $6.6 million for 3 parcels, including the tax class miscellaneous warehouse (E9) at 23 Clinton Avenue, 21 Clinton Avenue, 19 Clinton Avenue in Fort Greene. The deal closed on May 21, 2020 and was recorded on May 27, 2020.
The properties have a total of 49,000 square feet of existing and available development rights.
The average loan per buildable square foot is $135.

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