Simcha Applegrad refinanced a $23 million loan with Bethpage Federal Credit Union for a 108-unit residential walkup at 1484 Watson Avenue in Soundview, Bronx. The building has 71,986 square feet of built space, with an additional 900 square feet of air rights. The loan amounts to $319 per built square foot. Applegrad acquired the property in 2018 for $5 million, and it contains 48 rent-regulated units.
1484 Watson Avenue
