first mortgage


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first mortgage

A security interest in property which takes precedence over all similar interests in the same property.
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2 million first mortgage for 66 Madison Avenue Apartment Corp.
A $1 million first mortgage and $800,000 line of credit for Gramatan Court Apartments, Inc.
2 million first mortgage and $250,000 line of credit for a 50-unit co-op at 50-21 39th Place in the Sunnyside neighborhood of Queens, NY;
First mortgage of $575,000 on a 3 story walkup mixed-use building in the Corona section of Queens.
6 million first mortgage for a 344-unit co-op at 230 Garth Road in Scarsdale, NY;
A $4 million first mortgage for Jefferson Avenue Owners Corp.
Transactions include a $2 million first mortgage and a $200,000 line of credit for a 72-unit co-op at 2640 Marion Avenue in Bronx, NY; a $1.