Eric Miller borrows $13M from Santander Bank for multifamily property in Crown Heights

Eric Miller through the entity Troy Industries LLC as borrower signed a loan agreement with lender Santander Bank valued at $12.8 million for 6 parcels, including the tax class multifamily, over six families without stores (C1) and containing 110 residential units at 972 Eastern Parkway, 982 Eastern Parkway, 1014 Eastern Parkway, 1089 Eastern Parkway, 995 Eastern Parkway, and others in Crown Heights. The deal closed on March 19, 2020 and was recorded on March 20, 2020.
The property has 107,491 square feet of available development rights.
The average loan per unit is $116,364.

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