Gregory Paul Miscio borrows $15M from New York Community for multifamily property in Riverdale

Gregory Paul Miscio through the entity 3224 GC LLC as borrower signed a loan agreement with lender New York Community Bank valued at $14.9 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 112 residential units at 3224 Grand Concourse in Riverdale. The deal closed on April 8, 2020 and was recorded on April 23, 2020.
The property contains a total of 147,400 square feet of built space.
The average loan per unit is $133,036.
The last time the property sold was November 11, 2014, for $16,240,000.

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 were 3 renovation/alteration projects (A2) applied for with a total estimated value of $399,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link