Joseph Weksler borrows $9M from Sterling National Bank for warehouse in Bath Beach

Joseph Weksler through the entity 8805 18th Ave Inc. as borrower signed a loan agreement with lender Sterling National Bank valued at $9.3 million for 1 parcel, including the tax class fireproof warehouse (E1) at 8805 18th Avenue in Bath Beach. The deal closed on February 12, 2020 and was recorded on March 5, 2020.
The property contains a total of 32,550 square feet of built space.
The average loan per buildable square foot is $285.

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

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