Zev Mayer Secures $9.9M Construction Loan In Williamsbridge, Bronx From Broadview Capital

Located at 711 East 214th Street in Williamsbridge, Bronx, the development site is set for an 18-unit project with a buildable square footage of 12,192. Zev Mayer, the landlord, secured a $9.9 million construction loan from Lawrence Andelsman of Broadview Capital for this property.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $9,900,000
• Market: Williamsbridge, Bronx
• Lender: Lawrence Andelsman - Broadview Capital
• Landlord: Zev Mayer

Zev Mayer, represented by 711 E LLC, successfully secured the substantial $9.9 million new construction loan from Broadview Capital. This financial agreement enables the development of the 18-unit project at 711 East 214th Street, marking a significant step in the property's transformation within the Williamsbridge area of the Bronx.