Nakash Holdings refis $16M with Bank Hapoalim for commercial condo in Chinatown

Nakash Holdings through the entity 208 Canal Owner LLC as borrower signed a loan agreement with lender Bank Hapoalim valued at $16 million for 1 parcel, including the tax class commercial condominium unit (R5) at 208 Canal Street in Chinatown. The deal closed on June 10, 2020 and was recorded on December 11, 2020.
The property contains a total of 7,580 square feet of built space.
The average loan per buildable square foot is $2,111.
The last time the property sold was May 11, 2017, for $23,550,000.

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