Joel Sussman borrows $13M from TD Bank for property in Midtown East

Joel Sussman through the entity Manhattan Midtown LLC as borrower signed a loan agreement with lender Td Bank, N.A., valued at $13.0 million for 1 parcel, including the tax class homes for indigent children, aged, homeless (N2) at 225 East 53rd Street in Midtown East. The deal closed on October 10, 2019 and was recorded on October 17, 2019.
The property contains a total of 19,944 square feet of built space.
The average loan per buildable square foot is $652.
The last time the property sold was September 29, 2014, for $7,750,000.

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

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