Vincent Garrow signs $23.7M refi with New York Community for rental in Washington Heights

Vincent Garrow through the entity Comity LLC as borrower signed a refi loan with lender New York Community Bank valued at $23.7 million for the 138-unit rental (D3) at 1384 Riverside Drive in Washington Heights, Manhattan.
The deal closed on October 22, 2021 and was recorded on October 29, 2021.
The property has 142,600 square feet of built space according to PincusCo analysis of city data. The loan price per built square foot is $166 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Vincent Garrow was Vincent Garrow.
Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 3 renovation/alteration projects (A2) applied for with a total estimated value of $536,000.
The owners according to the Department of Housing Preservation and Development include Vincent Garrow, head officer and Qazim Hasani, site manager. The business entity is Comity Realty Corp.

Within a 400-foot radius of 1384 Riverside Drive, PincusCo identified one commercial real estate item of interests occurred over the past 24 months.
It was a loan which Chaim Schweid borrowed $12 million from JPMorgan Chase secured by the 59,226-square-foot, 60-unit rental (D1) on 106 Cabrini Boulevard and one other property on February 12, 2021.

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