Pashko Vuksanaj borrows $8M from Peapack-Gladstone Bank to refi multifamily property in Tremont

Pashko Vuksanaj through the entity Adams Apts LLC as borrower signed a loan agreement with lender Peapack-Gladstone Bank valued at $7.5 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 54 residential units at 2238 Adams Place in Tremont. The deal closed on February 20, 2020 and was recorded on April 10, 2020.
The property contains a total of 45,000 square feet of built space.
The average loan per unit is $138,889.

Over the past five years, there have been 4 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 4 renovation/alteration projects (A2) applied for with a total estimated value of $425,080.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link