235 Plymouth House Owners Corp. borrows $11M from NCB for property in Yorkville

235 Plymouth House Owners Corp. as borrower signed a loan agreement with lender National Consumer Cooperative Bank valued at $10.8 million for 1 parcel, including the tax class cooperative (D4) and containing 139 residential units at 235 East 87th Street in Yorkville. The deal closed on September 26, 2019 and was recorded on October 9, 2019.
The property contains a total of 148,031 square feet of built space.
The average loan per unit is $77,338.

Over the past five years, there have been 10 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 10 renovation/alteration projects (A2) applied for with a total estimated value of $1,307,750.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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