Buyer of 233 West 83rd Street borrows $12M from Apple Bank For Savings for UWS rental

The anonymous new owner of 233 West 83rd Street, the entity 233 West 83 Owner LLC, signed a loan agreement with lender Apple Bank For Savings valued at $12.0 million for 1 parcel, including the tax class multifamily, fireproof – with stores (D6) and containing 33 residential units at 2301 Broadway also known as 233 West 83rd Street, in the Upper West Side. The deal closed on December 18, 2019 and was recorded on December 20, 2019.
The property contains a total of 61,250 square feet of built space. The property has 95,254 square feet of available development rights.
The average loan per unit is $363,636.

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 $230,245.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link