Slavo Bernic borrows $17.5M from JPMorgan Chase for rentals in West Village, East Village

Slavo Bernic borrows $17.5 million from JPMorgan Chase Bank for rental properties in the West Village and the East Village in two separate transactions.

In the first, Slavo Bernic through the entity 135 Charles Street LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank valued at $9.5 million for 1 parcel, including the tax class multifamily, converted (D5) and containing 50 residential units at 135 Charles Street in West Village. The deal closed on June 30, 2020 and was recorded on July 9, 2020.
The property contains a total of 34,504 square feet of built space.
The average loan per unit is $190,000.

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

In the second, Slavo Bernic through the entity Vrbnik Realty LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank valued at $8 million for 1 parcel, including the tax class multifamily, fireproof (standard construction without stores) (D3) and containing 28 residential units at 229 East 13th Street in East Village. The deal closed on June 30, 2020 and was recorded on July 9, 2020.
The property contains a total of 30,400 square feet of built space.
The average loan per unit is $285,714.

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