Ventura family borrows $22.2M from Greystone & Co. for 106 units in Yorkville
Vincent Ventura through the entity East 82nd Street Realty LLC as borrower signed a loan agreement with lender Greystone & Company valued at $22.2 million for 4 parcels, including the tax class multifamily, over six families without stores (C1) and containing 106 residential units at 542 East 82nd Street, 536 East 82nd Street, 532 East 82nd Street, 528 East 82nd Street in Yorkville. The deal closed on September 29, 2020 and was recorded on October 29, 2020.
The property has 60,017 square feet of built space and available development rights.
The average loan per unit is $209,104.
The lender increased the debt by $6.8 million with a gap loan. Greystone, with signatory Dian Coleman, assigned the debt to Fannie Mae.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $109,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Dian Coleman
