Igor Kisip signs $12.1M refi loan with Popular Bank for new rental in Sheepshead Bay

Igor Kisip through the entity 1705 E 17 Realty LLC as borrower signed a refi loan agreement with lender Popular Bank valued at $12.1 million for the 35-unit rental (D7) at 1702 Quentin Road in Sheepshead Bay, Brooklyn.
The deal closed on March 31, 2021 and was recorded on April 29, 2021.
The property has 31,337 square feet of built space according to PincusCo analysis of city data. The loan price per built square foot is $386 per the PincusCo analysis.
The owner bought the property on 18-Jan-2018, for $2 million.
The signatory for Igor Kisip was Igor Kisip.
(321699989)The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 35 residential units on August 27, 2020. (321699989) Plans for a 35-unit, 23787.0 square-foot R-2 were filed on December 19, 2017.
The owners according to the Department of Housing Preservation and Development includes Igor Kisin, head officer and Boris Kisin, officer. The business entity is 1705 E 17 Realty Llc.