Daniel Lazar borrows $6M from Dime Community Bank for multifamily property in West Village

Daniel Lazar through the entity 298 W. 4 Street Corp. as borrower signed a loan agreement with lender Dime Community Bank valued at $5.5 million for 2 parcels, including the tax class multifamily, old law tenements (C4) and containing 20 residential units at 296 West 4th Street, 296 West 4th Street in West Village. The deal closed on May 6, 2020 and was recorded on May 19, 2020.

The average loan per unit is $275,000.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $115,500.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link