Donal O’Sullivan borrows $16M from Signature Bank for commercial condo in Murray Hill

Donal O’Sullivan through the entity 633 3rd Avenue Property Owner LLC as borrower signed a loan agreement with lender Signature Bank valued at $15.5 million for 1 parcel, including the tax class commercial condominium unit (R5) at 633 3rd Avenue in Murray Hill. The deal closed on November 8, 2019 and was recorded on January 16, 2020.
The property contains a total of 14,209 square feet of built space.
The average loan per buildable square foot is $1,091.
The last time the property sold was September 27, 2019, for $2,592,583.

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

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