Osman Osmani borrows $6M from New York Community Bank for multifamily property in Kingsbridge

Osman Osmani through the entity Prishtina Associates LLC as borrower signed a loan agreement with lender New York Community Bank valued at $6.4 million for 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 54 residential units at 2703 Webb Avenue in Kingsbridge. The deal closed on December 5, 2019 and was recorded on May 19, 2020.
The property contains a total of 51,500 square feet of built space.
The average loan per unit is $118,222.

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