910 Riverside LLC obtained financing of $10M from New York Community Bank
910 Riverside LLC as borrower signed a loan agreement with lender New York Community Bank valued at $9.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 65 residential units at 910 Riverside Drive in Washington Heights. The deal closed on July 30, 2019 and was recorded on August 19, 2019.
The property contains a total of 82,699 square feet of built space. The property has 7,969 square feet of available development rights.
The average loan per unit is $146,154.
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 $201,500.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link