Franc Gjini, Pjerin Lumaj borrow $8.1M from Northeast Community for property in Bronxdale

Franc Gjini and Pjerin Lumaj through the entity 2424 Bronx Park East Realty LLC as borrower signed a loan agreement with lender Northeast Community Bank valued at $8.1 million for 1 parcel, including the tax class two-family, converted (from one family) (B3) at 2434 Bronx Park East in Bronxdale. The deal closed on June 29, 2020 and was recorded on August 26, 2020.

The last time the property sold was March 1, 2017, for $910,000.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There has been one new building permit application totaling 37,141 square feet. Those plans include a total of 57 residential units. There have been 2 demolition projects filed over the past five years. The demolition included 4 residential units.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link