LL 18 Spencer Holdings LLC with Pinchos Loketch as authorized signatory borrows $17M from Bridge Investment Group’s Bridge Debt Strategies fund for property in Bedford-Stuyvesant

Pinchos Loketch through the entity LL 18 Spencer Holdings LLC as borrower signed a loan agreement with lender Bridge Investment Group’s Bridge Debt Strategies fund through the entity Bds Iii Mortgage Capital B LLC valued at $17.0 million for 1 parcel, including the tax class miscellaneous open space (Z9) at 18 Spencer Street in Bedford-Stuyvesant. The deal closed on October 3, 2019 and was recorded on October 7, 2019.
The last time the property sold was December 6, 2017, for $250,000.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 33,564 square feet.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link