Moshe Piller borrows $5M from Flushing Bank for multifamily property in Williamsbridge

Moshe Piller through the entity 624 East 222 JV LLC as borrower signed a loan agreement with lender Flushing Bank valued at $5.0 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 43 residential units at 624 East 222nd Street in Williamsbridge. The deal closed on October 29, 2019 and was recorded on November 12, 2019.
The property contains a total of 50,163 square feet of built space.
The average loan per unit is $116,279.
The last time the property sold was October 26, 2017, for $6,000,000.

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