S.W. Management borrows $14M from Capital One to refi rental property in West Village

Alan Wasserman’s S.W. Management through the entity 304-310 W. 14 Realty LLC as borrower signed a loan agreement with lender Capital One valued at $13.8 million to refinance 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 66 residential units at 304 West 14th Street in West Village. The deal closed on March 10, 2020 and was recorded on April 16, 2020.
The property contains a total of 38,376 square feet of built space.
The average loan per unit is $209,091.

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 3 renovation/alteration projects (A2) applied for with a total estimated value of $146,650.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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