Tina Georgi borrows $7M from Millennial Funding Inc. for property in Clinton Hill

Tina Georgi of G-Way Management through the entity Clifton Grand LLC as borrower signed a loan agreement with lender Millennial Funding Inc. valued at $6.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 40 residential units at 83 Clifton Place in Clinton Hill. The deal closed on September 17, 2019 and was recorded on September 20, 2019.
The property contains a total of 57,937 square feet of built space.
The average loan per unit is $162,500.
The last time the property sold was February 29, 2012, for $11,250,000.

Over the past five years, there have been 5 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 5 renovation/alteration projects (A2) applied for with a total estimated value of $652,210.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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