Merrimaker Corporation obtained financing of $5M from JPMorgan Chase Bank

Merrimaker Corporation as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $5.0 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 22 residential units at 90 Bedford Street in West Village. The deal closed on July 16, 2019 and was recorded on July 29, 2019.
The property contains a total of 15,586 square feet of built space.
The average loan per unit is $227,273.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $80,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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