83rd Street Garage LLC obtained financing of $10M from Sterling National Bank

83rd Street Garage LLC as borrower signed a loan agreement with lender Sterling National Bank valued at $10.5 million for 1 parcel, including the tax class commercial condominium unit (R5) at 225 West 83rd Street in the Upper West Side. The deal closed on July 18, 2019 and was recorded on September 11, 2019.
The property contains a total of 30,741 square feet of built space.
The average loan per buildable square foot is $342.

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

Share this article