Ilias Theodoropoulos borrows $10M from JPMorgan Chase Bank for property in Woodside

Ilias Theodoropoulos through the entity Nafpaktos Realty LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, Na valued at $9.7 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 88 residential units at 61-15 43rd Avenue in Woodside. The deal closed on October 11, 2019 and was recorded on October 21, 2019.
The property contains a total of 85,568 square feet of built space.
The average loan per unit is $109,886.
The last time the property sold was May 10, 2007, for $10,140,000.

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