Naftali Group borrows $6M from Signature Bank for property in East Williamsburg

Naftali Group through the entity Lordan Humboldt LLC as borrower signed a loan agreement with lender Signature Bank valued at $6.0 million for 1 parcel, including the tax class multifamily, miscellaneous (D9) and containing 21 residential units at 484 Humboldt Street in East Williamsburg. The deal closed on July 31, 2019 and was recorded on September 19, 2019.
The property contains a total of 13,500 square feet of built space.
The average loan per unit is $285,714.
The last time the property sold was November 29, 2010, for $5,120,000.

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

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