Shahram John Gatan borrows $12M from New York Community Bank for multifamily property in Astoria

Shahram John Gatan through the entity Ariel/Math Realty, LLC as borrower signed a loan agreement with lender New York Community Bank valued at $12.3 million for 4 parcels, including the tax class multifamily, over six families without stores (C1) and containing 46 residential units at 14-07 31st Avenue, 14-05 31st Avenue, 728 Amsterdam Avenue, 262 West 22nd Street in Astoria. The deal closed on December 12, 2019 and was recorded on December 16, 2019.

The average loan per unit is $266,304.

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