Carlo DiMaggio signs $8.8M refi loan with TD Bank for rental in Hamilton Heights

Carlo DiMaggio through the entity Our Lady Of The Rosary Realty LLC as borrower signed a refi loan with lender TD Bank valued at $8.8 million for the 74-unit rental (D3) at 676 Riverside Drive in Hamilton Heights, Manhattan.
The deal closed on April 22, 2021 and was recorded on May 3, 2021.
The property has 102,068 square feet of built space and 0 square feet of additional air rights for a total buildable of 72,240 square feet according to PincusCo analysis of city data. The loan price per built square foot is $86 per the PincusCo analysis.
The owner bought the property on 8-Aug-17, for $32.0 million.
The signatory for Carlo DiMaggio was Carlo A. DiMaggio.
Over the past five years, there have been 9 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 9 renovation/alteration projects (A2) applied for with a total estimated value of $488,760.
The loan was reduced from the maximum principal of $10.6 million given in 2017.
The owners according to the Department of Housing Preservation and Development includes Carlo Dimaggio, head officer and Angelo Dimaggio, officer. The business entity is Our Lady Of The Rosary Realty Llc.

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