Eastchester Rehabilitation borrows $23.8M from Dwight Capital for nursing facility in Bronxwood

Eastchester Rehabilitation and Health Care Center as borrower signed a loan agreement with lender Dwight Capital valued at $23.8 million for 1 parcel, including the tax class adult care facility (I7) at 2700 Eastchester Road in the Bronx. The deal closed on August 24, 2020 and was recorded on September 4, 2020.
The property contains a total of 64,310 square feet of built space.
The average loan per buildable square foot is $371.
The last time the property sold was November 24, 2014, for $1,294,184.

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 $205,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

Clarification: A previous version of this post used an alternate address for the parcel, 1501 Allerton Avenue. The address has been updated to the one reported in Acris.