Schiffer, Robert obtained financing of $6M from Mortgage Electronic Registration Systems, Inc.

Schiffer, Robert as borrower signed a loan agreement with lender Mortgage Electronic Registration Systems, Inc. valued at $6.2 million for 1 parcel, including the tax class two-family, miscellaneous (city type, old, etc.) (B9) and containing 2 residential units at 41 Bethune Street in West Village. The deal closed on July 23, 2019 and was recorded on August 14, 2019.
The property contains a total of 4,800 square feet of built space. The property has 2,400 square feet of available development rights.
The average loan per buildable square foot is $1,292.
The last time the property sold was September 15, 2017, for $7,220,000.

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. There was one renovation/alteration project (A2) applied for with a total estimated value of $400,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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