113-117 Realty, LLC borrows $8M from Capital One for property in Hamilton Heights{

113-117 Realty, LLC as borrower signed a loan agreement with lender Capital One valued at $8.0 million for 3 parcels, including the tax class multifamily, over six families without stores (C1) and containing 73 residential units at 546 West 146th Street, 550 West 146th Street, 552 West 146th Street in Hamilton Heights. The deal closed on September 27, 2019 and was recorded on October 4, 2019.
The property contains a total of 21,190 square feet of built space. The property has 4,721 square feet of available development rights.
The average loan per unit is $109,589.
The last time the property sold was April 24, 2012, for $4,450,000.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $201,400.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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