SKF Development refis 71-unit Tremont project with $18.2M from Metropolitan Commercial

SKF Development through the entity 2306 Webster Development LLC as borrower signed a loan agreement with lender Metropolitan Commercial Bank valued at $18.2 million for 1 parcel, including the tax class multifamily, semi-fireproof with stores (D7) and containing 71 residential units at 2306 Webster Avenue in Tremont. The deal closed on January 20, 2021 and was recorded on February 2, 2021.
The property contains a total of 71,108 square feet of built space.
The average loan per unit is $257,042.
Kim Tasher’s SKF Development owns the building.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000.

There has been one new building permit application Those plans include a total of 71 residential units.

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