Sassan Sassouni obtained financing of $12M from City Urban Realty

Sassan Sassouni through the entity 219 Ave. A Nyc LLC as borrower signed a loan agreement with lender City Urban Realty through the entity Ev4 Associates LLC valued at $11.5 million for 4 parcels, including the tax class multifamily, more than six families with stores (C7) and containing 40 residential units at 219 Avenue A, 158 1 Avenue, 324 East 14 Street, 75 2 Avenue in East Village. The deal closed on June 18, 2019 and was recorded on July 19, 2019.
The property contains a total of 35,247 square feet of built space. The property has 8,782 square feet of available development rights.
The average loan per unit is $287,500.

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

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