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CLIENT ACCESS
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CLIENT ACCESS
Fed raised rates 25 bps to 3.75%–4.00%. Borrowers are shifting toward short-term debt as higher rates pressure asset values, while strong liquidity continues to support lender competition and deal activity.
6-Unit Walk-Up Building in Williamsburg: 921 Metropolitan Avenue
OCT
7
The building has 4,180 gross square feet and has six apartments, all stabilized. Each unit has two bedrooms and one bathroom. The property is in Tax Class 2A.
Prime East Village 7-Story Mixed-Use Elevator Building: 41 Avenue B
OCT
7
41 Avenue B was built in 1999 and was maintained and managed by its original developer. The building has 23 residential units above a ground-floor commercial unit, which is occupied by a popular, highly rated Japanese omakase restaurant.
