Robert Frenkel borrows $20M from Berkshire Residential Investments for property in Williamsburg

Robert Frenkel through the entity 28 Roeblin Corp. as borrower signed a loan agreement with lender Berkshire Residential Investments through its Mf1 Capital LLC valued at $20.0 million for 2 parcels, including the tax class multifamily, converted (D5) and containing 60 residential units at 28 Roebling Street and 46 Roebling Street in Williamsburg. The deal closed on February 26, 2021 and was recorded on March 9, 2021.
The property contains a total of 26,894 square feet of built space.
The average loan per unit is $333,333.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.

Direct link to Acris document. link
The signatory for the lender was Jonathan Pfeil.