Yochanan Cohen (authorized signatory) borrows $8M from TD Bank for property in Kensington

Yochanan Cohen (authorized signatory) through the entity Mordland Associates Fort Ham, LLC as borrower signed a loan agreement with lender TD Bank valued at $8.0 million for 1 parcel, including the tax class multifamily, semi-fireproof with stores (D7) and containing 53 residential units at 1042 50th Street in Kensington. The deal closed on September 25, 2019 and was recorded on October 10, 2019.
The property contains a total of 57,156 square feet of built space.
The average loan per unit is $150,943.

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

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