M&R Management Co. borrows $6M from Capital One for property in Bensonhurst

M&R Management Co. through the entity 83 St Apts Co., LLC as borrower signed a loan agreement with lender Capital One valued at $6.4 million for 1 parcel, including the tax class multifamily, semi-fireproof with stores (D7) and containing 83 residential units at 1869 83rd Street in Bensonhurst. The deal closed on September 4, 2019 and was recorded on September 19, 2019.
The property contains a total of 82,356 square feet of built space.
The average loan per unit is $77,108.

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