Greenbrook Partners borrows $9.5M from ConnectOne Bank for property in Carroll Gardens

Greenbrook Partners’ Gregory Fournier through the entity GH 400 6 Ave Fee, LLC as borrower signed a loan agreement with lender ConnectOne Bank valued at $9.5 million for 2 parcels, including the tax class multifamily, over six families without stores (C1) and containing 25 residential units at 38 3rd Street, 400 6th Avenue in Carroll Gardens. The deal closed on April 30, 2020 and was recorded on May 12, 2020.

The average loan per unit is $380,400.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $804,600.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link