2 Fifth Avenue cooperative in West Village signs $35.9M refi with Apple Bank

2 Fifth Avenue cooperative through the entity Square-Arch Realty Corp. as borrower signed a refi loan with lender Apple Bank For Savings valued at $35.9 million for the 343-unit co-op (D4) at 2 5th Avenue in Greenwich Village, Manhattan.
The deal closed on October 5, 2021 and was recorded on October 12, 2021.
The property has 469,263 square feet of built space according to PincusCo analysis of city data. The loan price per built square foot is $76 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)

The signatory for 2 Fifth Avenue cooperative was Kenneth Ross.

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