15 West 81st Street cooperative borrows $13M from Apple Bank For Savings for property on the Upper West Side

15 West 81st Street cooperative through the entity 15 W. 81st St. Tenants Corp. as borrower signed a loan agreement with lender Apple Bank For Savings valued at $12.6 million for 1 parcel, including the tax class cooperative (D4) and containing 128 residential units at 15 West 81st Street in the Upper West Side. The deal closed on October 30, 2019 and was recorded on November 4, 2019.
The property contains a total of 338,373 square feet of built space.
The average loan per unit is $98,633.

Over the past five years, there have been 22 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 22 renovation/alteration projects (A2) applied for with a total estimated value of $7,906,773.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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