Joshua Weissman borrows $7M from Sterling National Bank for property in Mott Haven

Joshua Weissman through the entity Jcal-Yates JV LLC as borrower signed a loan agreement with lender Sterling National Bank valued at $7 million for 3 parcels, including the tax class primarily five to six family with store or office (S5) at 135 Alexander Avenue and two condominium units in 131 Alexander Avenue in Mott Haven. The deal closed on May 8, 2020 and was recorded on May 14, 2020.

The DOB issued a new construction (NB) initial temporary certificate of occupancy for at least one of the buildings with 5 residential units on December 8, 2017.
Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $291,000.There has been one new building permit application totaling 7,450 square feet. Those plans include a total of 5 residential or hotel units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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