Abraham Daniels borrows $10M from Valley National for property in East Village

Abraham Daniels through the entity 190-192 East 2nd Street, LLC as borrower signed a loan agreement with lender Valley National Bank valued at $10.0 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 28 residential units at 190 East 2nd Street in East Village. The deal closed on October 5, 2020 and was recorded on November 17, 2020.
The property contains a total of 20,994 square feet of built space.
The average loan per unit is $357,143.
The last time the property sold was October 2, 2015, for $17,000,000.

Over the past five years, there have been 5 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 5 renovation/alteration projects (A2) applied for with a total estimated value of $297,650.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link