David Kleiner borrows $13M from Santander Bank for property in Kensington

David Kleiner through the entity 65th Associates LLC as borrower signed a loan agreement with lender Santander Bank valued at $12.8 million for 2 parcels, including the tax class multifamily, over six families without stores (C1) and containing 92 residential units at 1621 65th Street, 1641 65th Street in Kensington. The deal closed on September 12, 2019 and was recorded on September 17, 2019.
The property contains a total of 33,600 square feet of built space.
The average loan per unit is $139,130.
The last time the property sold was May 9, 2016, for $9,350,000.

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