A-1 Capital Corp obtained financing of $6M from JPMorgan Chase Bank

A-1 Capital Corp as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $6.4 million for 1 parcel, including the tax class one-story store building (K1) at 4754 Broadway in Washington Heights. The deal closed on September 5, 2019 and was recorded on September 12, 2019.
The property contains a total of 9,975 square feet of built space. The property has 24,339 square feet of available development rights.
The average loan per buildable square foot is $185.

Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 4 renovation/alteration projects (A2) applied for with a total estimated value of $962,080.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Share this article