Gjerovica Associates LLC obtained financing of $6M from Capital One

Gjerovica Associates LLC as borrower signed a loan agreement with lender Capital One, National Association valued at $6.0 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 73 residential units at 3464 Knox Place in Riverdale. The deal closed on July 02, 2019 and was recorded on September 04, 2019.
The property contains a total of 82,500 square feet of built space.
The average loan per unit is $82,192.

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 $45,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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