Ved Parkash borrows $19.3M from Customers Bank for property in Bronxwood

Ved Parkash through the entity Parkash 2910 LLC as borrower signed a loan agreement with lender Customers Bank valued at $19.3 million for 2 parcels, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 194 residential units at 2911 Barnes Avenue, 2910 Wallace Avenue in Bronxwood. The deal closed on October 1, 2020 and was recorded on November 25, 2020.
The property contains a total of 113,018 square feet of built space.
The average loan per unit is $99,485.
The last time the property sold was October 8, 2015, for $15,300,000.

Direct link to Acris document. link
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