Joseph Giannola borrows $17.3M from SB One Bank for property in Astoria

August 4, 2020 7:33 am

Joseph Giannola through the entity Hoyt Plaza Development LLC as borrower signed a loan agreement with lender SB One Bank valued at $17.3 million for 2 parcels, including the tax class residential condo in Acris (SC) and containing 34 residential units at 27-18 Hoyt Avenue South, 27-18 Hoyt Avenue South in Astoria. The deal closed on July 29, 2020 and was recorded on August 3, 2020.
The property contains a total of 44,659 square feet of built space.
The average loan per unit is $507,353.

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

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