Impacct Cb 2018 Housing Development Fund Company, obtained financing of $5M from NYC

Impacct Cb 2018 Housing Development Fund Company, as borrower signed a loan agreement with lender The City Of New York valued at $5.1 million for 6 parcels, including the tax class three-family (C0) and containing 43 residential units at 104 Steuben Street, 155 Clinton Avenue, 250 Greene Avenue, 31 Brevoort Place, 41 Clifton Place, and others in Clinton Hill. The deal closed on June 27, 2019 and was recorded on July 22, 2019.
The property contains a total of 53,861 square feet of built space. The property has 9,318 square feet of available development rights.
The average loan per unit is $118,192.

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

Share this article