Martinique Realty Associates L.P. obtained financing of $6M from Apple Bank For Savings

Martinique Realty Associates L.P. as borrower signed a loan agreement with lender Apple Bank For Savings valued at $6.0 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 144 residential units at 137-01 83 Avenue in Briarwood. The deal closed on August 12, 2019 and was recorded on August 19, 2019.
The property contains a total of 126,552 square feet of built space.
The average loan per unit is $41,667.

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