Menachem Goldshmid borrows $6M from New York Community for multifamily in Crown Heights

Menachem Goldshmid through the entity King Carroll LLC as borrower signed a loan agreement with lender New York Community Bank valued at $6.1 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 35 residential units at 1384 Carroll Street in Crown Heights. The deal closed on August 17, 2020 and was recorded on August 21, 2020.
The property contains a total of 41,624 square feet of built space.
The average loan per unit is $175,057.
Menachem Goldshmid obtained a $1.8 million gap loan with this refinancing, added to the $4.9 million 2015 financing.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 35 residential (or hotel) units on April 11, 2014.

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