Mercury Capital Markets Secures $3.7M Ground Up Condo Construction Loan In Bushwick, Brooklyn

1066 Jefferson Ave, Brooklyn, NY 11221, USA

$1,170,000

$433/SF

Building Size

2,700 SF

Asset Type

Development Site

Closing

Nov 28, 2020

AI

An development site located at 1066 Jefferson Ave in Bushwick, Brooklyn has been involved in a closed property transaction. The property, owned by Nigel Boyden of Croxdale Real Estate, was the subject of a ground-up condo construction loan provided by S3 Capital Partners. The loan amount for the project was $3,700,000.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $3,700,000
Address: 1066 Jefferson Ave
Market: Bushwick, Brooklyn

Eric Gleitman of Mercury Capital Markets acted as the broker in this deal. Daniel Rothman, from Rothman Law PLLC, served as the attorney for the transaction.

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