171 E 74 LLC obtained financing of $5M from Flushing Bank

171 E 74 LLC as borrower signed a loan agreement with lender Flushing Bank valued at $5.2 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 9 residential units at 171 East 74 Street in the Upper East Side. The deal closed on August 09, 2019 and was recorded on September 06, 2019.
The property contains a total of 11,076 square feet of built space.
The average loan per buildable square foot is $469.
The last time the property sold was December 17, 2014, for $10,100,000.

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 $200,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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