Patoma Inc. signs $13.5M refi loan with Deutsche Bank for five properties in NYC

Patoma Inc. through the entity 1815 Woodbine Lp as borrower signed a refi loan with lender Deutsche Bank through the entity German American Capital Corporation valued at $13.5 million for five properties with 13 residential units including the seven-unit residential walkup building (C1) at 284 Suydam Street in Bushwick, Brooklyn, two-unit mixed-use building (S2) at 543 Metropolitan Avenue in Williamsburg, Brooklyn, and four-unit building (C3) at 18-15 Woodbine in Ridgewood, Queens.
The deal closed on December 23, 2025 and was recorded on January 22, 2026. The prior lender was Derby Copeland Capital which held debt that had an original loan amount of $10 million.The five properties have 12,119 square feet of built space and 5,468 square feet of additional air rights for a total buildable of 17,605 square feet according to a PincusCo analysis of city data. The loan price per built square foot is $1,113 and the price per buildable square foot is $766 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Patoma Inc. was Paul Henry . The signatory for Deutsche Bank was Murray MacKinnon and Peter Castro .

Because multiple properties have been transacted, some of the following sections will follow the property with the largest assessed value, which in this case, is the property on 284 Suydam Street.

Prior sales, articles and revenue

The owners according to the Department of Housing Preservation and Development includes Paul Henry, head officer and Tom Finnican, officer. The business entity is 284 Suydam Lp.

The property

The residential walkup building with 7 residential units in Bushwick has 12,119 square feet of built space and 5,468 square feet of additional air rights for a total buildable of 17,605 square feet according to a PincusCo analysis of city data. The parcel has frontage of 25 feet and is 100 feet deep with a total lot size of 2,500 square feet. The zoning is R6 which allows for up to 2.43 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.7 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have received $1,125 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On the tax block of 284 Suydam Street, PincusCo has identified the owners of 24 of the 47 commercial properties representing 144,693 square feet of the 268,103 square feet. The largest owner is Renaissance Realty Group, followed by Riseboro Community Partnership and then Benjamin Weinstein.
On the tax block, there was one new building construction project filed totaling 8,562 square feet. It is a seven-unit, 8,562 square-foot residential (R-2) building submitted by Cody But with plans filed January 16, 2020 and permitted June 13, 2022.

The majority, or 81 percent of the 268,103 square feet of built space are walkup buildings, with mixed-use buildings next occupying 19 percent of the space.

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