15 West 72nd Street cooperative through the entity 15 West 72nd Street Owners Corp. as borrower signed a loan agreement with lender Apple Bank for Savings valued at $35 million for 1 parcel, including the tax class cooperative (D4) and containing 493 residential units at 15 West 72nd Street in the Upper West Side. The deal closed on May 21, 2020 and was recorded on June 5, 2020.
The property contains a total of 667,517 square feet of built space.
The average loan per unit is $70,994.
This package includes new debt totaling $10 million and refinances $25 million provided by Valley National Bank in 2013.
Over the past five years, there have been 60 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 60 renovation/alteration projects (A2) applied for with a total estimated value of $7,726,911.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link