MRM74 LLC obtained financing of $6M from MERS

MRM74 LLC as borrower signed a loan agreement with lender MERS valued at $5.6 million for 1 parcel, including the tax class two-family, brick (B1) and containing 2 residential units at 132 East 74 Street in Upper East Side. The deal closed on July 08, 2019 and was recorded on July 17, 2019.
The property contains a total of 17,251 square feet of built space. The property has 12,090 square feet of available development rights.
The average loan per buildable square foot is $326.

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

Share this article