Icer Of 303 West 137Th Street LLC obtained financing of $7M from TD Bank

Icer Of 303 West 137Th Street LLC as borrower signed a loan agreement with lender Td Bank, N.A. valued at $6.5 million for 1 parcel, including the tax class multifamily, converted (D5) and containing 16 residential units at 303 West 137 Street in Central Harlem. The deal closed on July 24, 2019 and was recorded on August 22, 2019.
The property contains a total of 14,655 square feet of built space.
The average loan per unit is $406,250.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 16 residential (or hotel) units on July 08, 2019.
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 $717,900.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link