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Arverne View Apartments (aka Ocean Village)
FHA QPE Risk Sharing (542b)
Endorsed October 20, 2014
FHA #01296001
Deal Details
- Location
- Arverne, New York
- Mortgage Amount
- $72.0M
- Units
- 1,089
- Program
- QPE Risk Sharing (542b)
- Lender
- NEW YORK CITY HSG DEV CORP
- Fiscal Year
- FY2015
Current Loan Status
Active- Outstanding Balance
- $62.3M($72.0M original)
- Interest Rate
- 6.00%
- Maturity
- November 2049(24 years remaining)
- Original Term
- 35 years
- Holder
- NEW YORK CITY HOUS DEV CORP
- Servicer
- NEW YORK CITY HOUS DEV CORP
Source: HUD BF90 Active Insured Mortgages · Data as of February 2026
Data Sources
Endorsement data: HUD FHA Multifamily Firm Commitments and Endorsements Database
Active loan data: HUD BF90 Active Insured Mortgages, as of February 2026