222 EAST 81 REALTY LLC obtained financing of $7M from SIGNATURE BANK

222 EAST 81 REALTY LLC as borrower signed a loan agreement with lender SIGNATURE BANK valued at $7.4 million for 1 parcel, including the tax class multifamily, five to six families (C2) and containing 3 residential units at 222 East 81 Street in Yorkville. The deal closed on July 10, 2018 and was recorded on July 12, 2019.
The property contains a total of 10,730 square feet of built space.
The average loan per buildable square foot is $685.
The last time the property sold was January 31, 2012, for $3,750,000.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 3 residential (or hotel) units on April 14, 2017.

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