Pincus Neiman borrows $7.5M from JPMorgan Chase for property in Crown Heights

Pincus Neiman through the entity 280 Crown St. LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank valued at $7.5 million for 1 parcel, including the tax class multifamily, semi-fireproof with stores (D7) and containing 70 residential units at 272 Crown Street in Crown Heights. The deal closed on November 30, 2020 and was recorded on December 4, 2020.
The average loan per unit is $107,143.

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