Jefferson Holding Venture LLC obtained financing of $9M from TD Bank

Jefferson Holding Venture LLC as borrower signed a loan agreement with lender TD Bank valued at $9.0 million for 1 parcel, including the tax class single-family, miscellaneous (old buildings, attached & semi-detached frame houses, etc.) (A9) and containing 28 residential units at 804 Jefferson Avenue in Bedford-Stuyvesant. The deal closed on June 27, 2019 and was recorded on July 24, 2019.
The property contains a total of 22,640 square feet of built space.
The average loan per unit is $321,429.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 28 residential (or hotel) units on June 20, 2019.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel. There was one renovation/alteration project (A2) applied for with a total estimated value of $35,000.There has been one new building permit application totaling 20,138 square feet. Those plans include a total of 28 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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