924 West End Avenue, Inc. obtained financing of $12M from Valley National Bank

924 West End Avenue, Incs as borrower signed a loan agreement with lender Valley National Bank valued at $11.5 million for 1 parcel, including the tax class cooperative (D4) and containing 74 residential units at 2745 Broadway in Upper West Side. The deal closed on July 15, 2019 and was recorded on July 25, 2019.
The property contains a total of 160,764 square feet of built space.
The average loan per unit is $155,405.

Over the past five years, there have been 15 NYC Department of Buildings permit applications filed for this parcel. There were 15 renovation/alteration projects (A2) applied for with a total estimated value of $2,691,150.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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