Hanza Realty Co. LLC obtained financing of $6M from First Republic Bank

Hanza Realty Co. LLC as borrower signed a loan agreement with lender First Republic Bank valued at $5.5 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 68 residential units at 73 Vermilyea Avenue in Inwood. The deal closed on July 19, 2019 and was recorded on August 01, 2019.
The property contains a total of 89,980 square feet of built space. The property has 35,550 square feet of available development rights.
The average loan per unit is $80,882.
The last time the property sold was May 19, 2005, for $6,200,000.

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

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