Naft64, LLC obtained financing of $10M from Signature Bank

Naft64, LLC as borrower signed a loan agreement with lender Signature Bank valued at $9.5 million for 3 parcels, including the tax class multifamily, over six families without stores (C1) and containing 24 residential units at 64 Maspeth Avenue, 66 Maspeth Avenue, 68 Maspeth Avenue in East Williamsburg. The deal closed on August 01, 2019 and was recorded on August 13, 2019.

The property contains a total of 22,500 square feet of built space.

The average loan per unit is $395,833.

The last time the property sold was May 02, 2011, for $4,950,000.

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

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