Victor Sismanoglou refis with $8M from Popular Bank for 62-unit rental in Hamilton Heights

Victor Sismanoglou through the entity West 142nd Realty LLC as borrower signed a loan agreement with lender Popular Bank valued at $8 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 62 residential units at 606 West 142nd Street in Hamilton Heights. The deal closed on October 2, 2020 and was recorded on October 22, 2020.
The property contains a total of 65,240 square feet of built space. The property has 90,270 square feet of available development rights.
The average loan per unit is $129,032.

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