NHT Owners LLC borrows $14M from Capital One for multifamily property in Far Rockaway

NHT Owners LLC as borrower signed a loan agreement with lender Capital One, National Association valued at $14 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 153 residential units at 22-10 New Haven Avenue in Far Rockaway. The deal closed on January 27, 2020 and was recorded on February 3, 2020.
The property contains a total of 180,300 square feet of built space.
The average loan per unit is $91,503.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

UPDATE: The signatory for the borrower was removed from this post.

Share this article