Peter Goodman signs $6.8M refi loan with JPMorgan Chase for in Chinatown
Peter Goodman through the entity 203 Henry Street Realty Corp as borrower signed a refi loan with lender JPMorgan Chase valued at $6.8 million for three properties including the six-unit rental (D3) at 203 Henry Street in Chinatown, Manhattan, three-unit mixed-use building (S3) at 47 East Houston Street in Nolita, Manhattan, and four-unit rental (C4) at 288 Mulberry Street in Nolita, Manhattan.
The deal closed on May 28, 2021 and was recorded on June 14, 2021.
The three properties have 15,083 square feet of built space and 13,440 square feet of additional air rights for a total buildable of 28,528 square feet according to PincusCo analysis of city data. The loan price per built square foot is $452 and the price per buildable square foot is $239 per the PincusCo analysis.
The signatory for Peter Goodman was Peter Goodman.
The owner according to the Department of Housing Preservation and Development is Peter Goodman, head officer. The business entity is 203 Henrystrealty Corp.
Within a 400-foot radius of 203 Henry Street, PincusCo identified four commercial real estate items of interests occurred over the past 24 months.
Of those four items, one was in new building development. It was a new building permit issued on March 1, 2021 for an 84,717-square-foot R-2 building with 52 residential units at 232 East Broadway.
Of those four items, two were for major renovations including a certificate of occupancy change. There was one permit applications with a total initial cost of $1.4 million and one permit with a total initial cost of $7.2 million. The most recent of these two items was the permit on July 21, 2020 for a 45,342-square-foot R-2 building with 10 residential units at 228 E Broadway.
One of those four items was a loan which Jeffrey Jacobs and Therese Oliva borrowed $9.2 million from Crown Bank secured by the 8,610-square-foot, seven-unit rental (D7) on 193 Henry Street on February 10, 2021.
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