Delvis Valdes borrows $13M from New York Community Bank for property in Sunset Park

Delvis Valdes through the entity Delerimar Realty Corp as borrower signed a loan agreement with lender New York Community Bank valued at $12.9 million for 4 buildings containing 90 residential units at 6302 4th Avenue, 6310 4th Avenue, 6316 4th Avenue and 6324 4th Avenue in Sunset Park. The deal closed on August 26, 2019 and was recorded on September 20, 2019.
The property contains a total of 16,200 square feet of built space and includes the tax class multifamily, more than six families with stores (C7). The property has 12,400 square feet of available development rights.
The average loan per unit is $142,922.
The last time the property sold was May 25, 2010, for $3,042,000.

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 $35,520.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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