West Side Partners, LLC obtained financing of $7M from JPMorgan Chase Bank

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West Side Partners, LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A. valued at $6.8 million for 7 parcels, including the tax class multifamily, converted dwelling or rooming house (C5) and containing 80 residential units at 117 West 69 Street, 330 West 101 Street, 49 West 68 Street, 6 West 87 Street, 212 West 20 Street, and others in Lincoln Square. The deal closed on July 18, 2019 and was recorded on August 13, 2019.

The property contains a total of 72,521 square feet of built space. The property has 24,375 square feet of available development rights.
The average loan per unit is $85,501.




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