Moshe Piller refis 121-unit rental in Inwood with $8M from Signature Bank

Moshe Piller through the entity Post Avenue, L.L.C. as borrower signed a loan agreement with lender Signature Bank valued at $7.968 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 121 residential units at 101 Post Avenue in Inwood. The deal closed on January 15, 2021 and was recorded on February 3, 2021.
The property contains a total of 94,100 square feet of built space.
The average loan per unit is $65,857.
The debt was reduced from $9 million given in 2018.
Direct link to Acris document. link