Roberto Buaron borrows $7M from New York Community Bank to refi multifamily property in West Harlem

Roberto Buaron through the entity West 125 LLC as borrower signed a loan agreement with lender New York Community Bank valued at $7.2 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 22 residential units at 567 West 125th Street in West Harlem. The deal closed on March 27, 2020 and was recorded on May 4, 2020.
The property contains a total of 21,768 square feet of built space.
The average loan per unit is $327,273.
The last time the property sold was January 30, 2015, for $11,595,000.

Over the past five years, there have been 6 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 6 renovation/alteration projects (A2) applied for with a total estimated value of $441,520.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link