Eliezer Gibber borrows $6M from Santander Bank for property in Hamilton Heights

Eliezer Gibber through the entity 558 West 151st Street Holdings LLC as borrower signed a loan agreement with lender Santander Bank, N.A. valued at $5.7 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 15 residential units at 558 West 151st Street in Hamilton Heights. The deal closed on October 3, 2019 and was recorded on October 16, 2019.
The property contains a total of 10,875 square feet of built space.
The average loan per unit is $376,667.
The last time the property sold was January 13, 2016, for $3,650,000.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $882,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link