United American Land borrows $14M from Goldman Sachs for property in Tribeca

United American Land through the entity 315 Broadway, LLC as borrower signed a loan agreement with lender Goldman Sachs Bank Usa valued at $13.9 million for 1 parcel, including the tax class office building with commercial with one to six stories (O5) at 315 Broadway in Tribeca. The deal closed on January 21, 2020 and was recorded on January 30, 2020.
The property contains a total of 20,746 square feet of built space. The property has 41,926 square feet of available development rights.
The average loan per buildable square foot is $332.
The last time the property sold was October 27, 2015, when the Laboz family’s United American Land bought it for $18,250,000.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $78,252.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link