Victory State Bank
Named as the sponsor's construction lender in 3 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.
Victory State Bank's 3 buildings in these plans are all in Brooklyn, 67% rehab, 6 units at the middle, offered at an average $1.2M per unit. Check size: $1.9M typical (the median of 3 loans whose size the plan states or ACRIS records), from $1.2M to $2M.
- Buildings
- 3
- Residential units
- 17
- Typical check
- $1.9M
- Year
- 2020
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Recent Growth
Victory State Bank's buildings and units by year for the last 6 years, and whether the pace is rising or falling.
No buildings accepted since 2021. 0% of all 3 dated buildings are from the last 3 years.
| Year accepted | Buildings | Units |
|---|---|---|
| 2026 to date | 0 | — |
| 2025 | 0 | — |
| 2024 | 0 | — |
| 2023 | 0 | — |
| 2022 | 0 | — |
| 2021 | 0 | — |
Latest: 394 Harman Street Condominium, accepted Nov 3, 2020.
Strongest Relationships
No other firm is named with Victory State Bank on more than one building yet.
From the same offering plans as the table below. A firm's own affiliates aren't counted.
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| Condominium | Accepted | Units | Loan |
|---|---|---|---|
| 394 Harman Street Condominium394 Harman Street · Brooklyn · new constructionSponsor: 394 Harman LLC · Named on p. 5 ↗ | 2020 | 7 | $2M |
| 40 4th Place Condominium40 4th Place · Brooklyn · rehabSponsor: 40 4th Place Holdings, Inc. · Recorded in ACRIS ↗ | 2020 | 4 | $1.9M* |
| 125 Clifton Place Condominium125 Clifton Place · Brooklyn · rehabSponsor: 125 Clifton Place LLC · Named on p. 4 ↗ | 2020 | 6 | $1.2M* |
Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.