Maverick buys $6.1M note secured by East Village rental from Hirshmark

Maverick Real Estate Partners through the entity St Marks’S Mixed Use LLC bought originally given by Lawrence V. Otway to Hirshmark Capital’s entity 80 St. Marks Place Funding LLC with a maximum principal of $6.1 million and secured by 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 7 residential units at 78 St Marks Place in East Village. The deal closed on December 1, 2020 and was recorded on January 14, 2021.
The property contains a total of 14,400 square feet of built space.
This is a note purchase.
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.

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