FINANCED
BridgeCity Capital Provides $12.4M Construction Loan For Williamsburg Development Site
310 north 7th street
Development Site
6,600 SF
6,600 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Development Site
6,600 sqft
A development site located at 310 North 7th Street in Williamsburg, Brooklyn has recently undergone a loan transaction. The property, spanning a buildable square footage (BSF) of 13,788, has secured a construction loan.
Summary of transaction details
- Property Type: Development Site
- Loan Amount: $12,400,000
- Loan Type: Construction
- Loan Terms: 24 months + extension options; LTC 77%
The lender for this project is BridgeCity Capital, represented by Louis Lebovits, Moishe Loketch, Pinny Loketch, and Allan Lebovits. They actively finance mixed-use, residential, industrial, and construction projects in the Tri-State Area, South Florida, and various other states. For loan inquiries, interested parties can visit their website at www.bridgecityfunding.com or contact them via email at [email protected].
Players
All
2
Agents
2
Details
FINANCED
IMAGE: Moishe Loketch, Louis Lebovits, Allan Lebovits & Pinny Loketch
DATE: 09/23/2022
ADDRESS: 310 North 7th Street
MARKET: Williamsburg, Brooklyn
ASSET TYPE: Development Site ~ BSF: 13,788
LENDER: BridgeCity Capital - Louis Lebovits, Moishe Loketch, Pinny Loketch & Allan Lebovits
LOAN AMOUNT: $12,400,000
LOAN TYPE: Construction
LOAN TERMS: 24 months + extension options; LTC 77%
NOTE FROM LENDER: BridgeCity Capital is actively financing mixed-use, residential, industrial & construction projects in the Tri-State Area, South Florida & in various other states. Visit us at www.bridgecityfunding.com or send loan inquires to [email protected]View on map
Loading...
Address310 north 7th street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want