137 West 137 LLC obtained financing of $14M from New York Community Bank

137 West 137 LLC as borrower signed a loan agreement with lender New York Community Bank valued at $13.9 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 56 residential units at 137 West 137 Street in Central Harlem. The deal closed on July 29, 2019 and was recorded on August 07, 2019.
The property contains a total of 30,876 square feet of built space.
The average loan per unit is $248,411.
The last time the property sold was November 03, 2015, for $12,000,000.

Over the past five years, there have been 6 NYC Department of Buildings permit applications filed for this parcel. There were 6 renovation/alteration projects (A2) applied for with a total estimated value of $451,500.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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