Hidrock Properties borrows $28M from Citizens Bank for property in Financial District

Hidrock Properties through the entity 72 Nassau Associates as borrower signed a loan agreement with lender Citizens Bank valued at $27.9 million for the acquisition of 2 parcels, including the tax class commercial condominium unit (R5) and containing 10 residential units at 72 Nassau Street in Financial District. The deal closed on December 3, 2019 and was recorded on December 10, 2019.
The property contains a total of 14,985 square feet of built space.

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