Peter Weinberg borrows $14.5M from JPMorgan Chase for 100-unit rental in Crown Heights

November 16, 2020 5:02 am

Peter Weinberg and Alan Fierstein through the entity 201 Parkway Company LLP as borrower signed a loan agreement with lender JPMorgan Chase Bank valued at $14.5 million for 1 parcel, including the tax class multifamily, semi-fireproof with stores (D7) and containing 100 residential units at 201 Eastern Parkway in Crown Heights. The deal closed on October 30, 2020 and was recorded on November 13, 2020.
The property contains a total of 138,380 square feet of built space. The property has 162,777 square feet of available development rights.
The average loan per unit is $144,990.

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

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