106 & 108 Charles LLC obtained financing of $8M from New York Community Bank

106 & 108 Charles LLC as borrower signed a loan agreement with lender New York Community Bank valued at $8.3 million for 2 parcels, including the tax class multifamily, old law tenements (C4) and containing 40 residential units at 106 Charles Street, 108 Charles Street in West Village. The deal closed on July 11, 2019 and was recorded on July 29, 2019.
The property contains a total of 15,600 square feet of built space.
The average loan per unit is $207,632.
The last time the property sold was April 28, 2005, for $6,530,000.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $59,400.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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