William Gottlieb RE borrows $13M from Sterling National for property in West Village

Neil Bender’s William Gottlieb Real Estate through the entity 4-6 West 14th Street Ventures, LLC as borrower signed a loan agreement with lender Sterling National Bank valued at $12.5 million for 1 parcel, including the tax class office building with commercial with one to six stories (O5) at 6 West 14th Street in West Village. The deal closed on September 30, 2020 and was recorded on October 21, 2020.
The property contains a total of 19,642 square feet of built space. The property has 26,746 square feet of available development rights.
The average loan per buildable square foot is $467.
This package refinances a $10.75 million loan from Titan Capital, which was assigned with signatory Ira Saferstein  to Sterling National Bank.

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 $85,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link