Moses Mizrahi borrows $6M from First Republic Bank for property in East Williamsburg

Moses Mizrahi through the entity 212 Wyckoff Ave LLC as borrower signed a loan agreement with lender First Republic Bank valued at $5.8 million for 4 parcels, including the tax class multifamily, over six families without stores (C1) and containing 26 residential units at 136 Grattan Street, 200 28th Street, 688 Onderdonk Avenue, 212 Wyckoff Avenue in East Williamsburg. The deal closed on September 27, 2019 and was recorded on October 21, 2019.
The property contains a total of 6,500 square feet of built space. The property has 1,146 square feet of available development rights.
The average loan per unit is $222,115.

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