Moses Mizrahi through the entity 928 Myrtle LLC as borrower signed a refi loan with lender Greystone & Co. through the entity Greystone Servicing Company LLC valued at $19.7 million for the 101-unit rental (C7) at 928 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn.
The deal closed on January 29, 2021 and was recorded on May 6, 2021.
The property has 61,125 square feet of built space and 10,200 square feet of additional air rights for a total buildable of 71,400 square feet according to PincusCo analysis of city data. The loan price per built square foot is $322 and the price per buildable square foot is $276 per the PincusCo analysis.
The owner bought the property on 24-Sep-14, for $22.5 million.
The signatory for Moses Mizrahi was Moses Mizrahi. The signatory for Greystone Servicing Company was Kristie Reinhardt.
The owners according to the Department of Housing Preservation and Development includes Joel Mizrahi, head officer and Jacob Has, agent. The business entity is 928 Myrtle LLC.
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