201 Mulberry Commercial LLC obtained financing of $7M from Sterling National Bank

201 Mulberry Commercial LLC as borrower signed a loan agreement with lender Sterling National Bank valued at $7.0 million for 1 parcel, including the tax class other (OT) at 201 Mulberry Street in Nolita. The deal closed on July 19, 2019 and was recorded on August 06, 2019.
The property contains a total of 4,521 square feet of built space.
The average loan per buildable square foot is $1,548.
The last time the property sold was October 15, 2014, for $8,375,478.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 9 residential (or hotel) units on February 12, 2018.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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