446 W 164 LLC obtained financing of $6M from ARBOR AGENCY LENDING

446 W 164 LLC as borrower signed a loan agreement with lender ARBOR AGENCY LENDING, LLC valued at $5.9 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 21 residential units at 446 West 164 Street in Washington Heights. The deal closed on June 28, 2019 and was recorded on July 15, 2019.
The property contains a total of 14,625 square feet of built space.
The average loan per unit is $280,619.
The last time the property sold was July 02, 2014, for $3,350,000.

Over the past five years, there have been 6 NYC Department of Buildings permit applications filed for this parcel. There were 6 renovation/alteration projects (A2) applied for with a total estimated value of $302,700.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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