Popular Bank sells $18M construction loan secured by Dovie Sperlin project

Dovie Sperlin borrows $0M from Harry Stein for property in Bushwick{

The entity Kingston Abcd LLC with an address of real estate investor Harry Stein, acquired a construction loan from Popular Bank secured by a property with the tax class multifamily, semi-fireproof with stores (D7) and containing 50 residential units at 666 Bushwick Avenue in Bushwick. The deal closed on March 24, 2021 and was recorded on April 16, 2021. The property owner is Dovie Sperlin.
The property contains a total of 57,652 square feet of built space.

The last time the property sold was March 11, 2014 for $1,400,000.

There has been one demolition project filed for the parcels over the past five years.

Direct link to Acris document. link

Share this article