Ezriel Weinberger borrows $14M from Capital One for 100-unit rental in Central Harlem
Ezriel Weinberger through the entity Graham Court Owners Corp. as borrower signed a loan agreement with lender Capital One, National Association valued at $14.2 million for 1 parcel, including the tax class multifamily, fireproof (standard construction without stores) (D3) and containing 100 residential units at 1921 Adam C Powell Blvd in Central Harlem. The deal closed on February 5, 2021 and was recorded on February 9, 2021.
The property contains a total of 205,030 square feet of built space.
The average loan per unit is $142,000.
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 $1,184,699.
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