LC Lemle Real Estate obtained financing of $6M from Apple Bank For Savings

LC Lemle Real Estate Group’s LL 204 East 84th Street LLC as borrower signed a loan agreement with lender Apple Bank For Savings valued at $6.0 million for 1 parcel, including the tax class multifamily, fireproof – with stores (D6) and containing 35 residential units at 204 East 84th Street in Yorkville. The deal closed on September 5, 2019 and was recorded on September 11, 2019.
The property contains a total of 20,950 square feet of built space. The property has 1,103 square feet of available development rights.
The average loan per unit is $171,429.
The last time the property sold was December 26, 2012, for $9,700,000.

Over the past five years, there have been 2 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 $65,052.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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