Richard Podpirka borrows $15M from New York Community Bank for multifamily property in Astoria

Richard Podpirka through the entity Grouper LLC as borrower signed a loan agreement with lender New York Community Bank valued at $14.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 76 residential units at 30-60 29th Street in Astoria. The deal closed on December 18, 2019 and was recorded on January 2, 2020.
The property contains a total of 55,375 square feet of built space.
The average loan per unit is $190,789.
The last time the property sold was July 18, 2012, for $15,950,000.

Over the past five years, there have been 6 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 6 renovation/alteration projects (A2) applied for with a total estimated value of $389,150.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link