Lucky Eights LLC obtained financing of $8M from Amalgamated Bank

Lucky Eights LLC as borrower signed a loan agreement with lender Amalgamated Bank valued at $8.0 million for 2 parcels, including the tax class multifamily, over six families without stores (C1) and containing 73 residential units at 88 Adelphi Street, 100 Adelphi Street in Fort Greene. The deal closed on August 19, 2019 and was recorded on August 28, 2019.
The property contains a total of 18,200 square feet of built space.
The average loan per unit is $109,589.

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