First Roebling Properties, LLC obtained financing of $6M from TD Bank

First Roebling Properties, LLC as borrower signed a loan agreement with lender Td Bank, N.A. valued at $5.5 million for 1 parcel, including the tax class primarily one to six families with stores or offices (S9) and containing 6 residential units at 233 South 1st Street in Williamsburg. The deal closed on August 30, 2019 and was recorded on September 12, 2019.
The property contains a total of 14,016 square feet of built space.
The average loan per buildable square foot is $392.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $123,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Share this article