Weinreb Management borrows $11.8M from Capital One for property in the Upper West Side

Weinreb Management through signatory Jacob Weinreb through the entity 777 West End Avenue Associates LLC as borrower signed a loan agreement with lender Capital One valued at $11.8 million for 1 parcel, including the tax class multifamily, fireproof (standard construction without stores) (D3) and containing 57 residential units at 777 West End Avenue in the Upper West Side. The deal closed on May 18, 2020 and was recorded on May 22, 2020.
The property contains a total of 69,590 square feet of built space.
The average loan per unit is $207,456.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $148,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link