Maverick buys $3M debt from Signature Bank in Bushwick

Maverick Real Estate Partners bought debt with a maximum principal value of $3 million from Signature Bank secured by a six-unit building with the tax class C2 in Bushwick. The last time the property sold was August 11, 2015 for $1,360,000.
The property is 1 parcel, including the tax class multifamily, five to six families (C2) and containing 6 residential units at 230 Schaefer Street in Bushwick. The deal closed on December 11, 2020 and was recorded on February 11, 2021. The owner is Moses Singer.
The property contains a total of 4,875 square feet of built space.

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