Suresh Sachdev borrows $10M from New York Community Bank for residential property in East Village

Suresh Sachdev through the entity 52 E LLC as borrower signed a loan agreement with lender New York Community Bank valued at $10 million for 1 parcel, including the tax class multifamily, converted (D5) and containing 21 residential units at 52 East 13th Street in East Village. The deal closed on May 11, 2020 and was recorded on May 15, 2020.
The property contains a total of 34,708 square feet of built space.
The average loan per unit is $476,190.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 21 residential units on November 5, 2012.

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

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