Hirshmark Capital Provides $4.2M Bridge Loan For Sunset Park & Chinatown Mixed-Use Properties

The mixed-use property at 816 56th Street in Sunset Park, Brooklyn and 207 Henry Street in Chinatown, Manhattan has been involved in a recent loan transaction. The property spans approximately 24,000 square feet and includes both residential and commercial spaces. The loan was secured through Hirshmark Capital, with Jake Soodek representing the lender. The loan amount for this bridge financing deal was $4,200,000.

Summary of transaction details

• Property Type: Mixed-Use
• Transaction Amount: $4,200,000
• Address: 816 56th Street & 207 Henry Street
• Market: Sunset Park, Brooklyn & Chinatown, Manhattan
• Loan Type: Bridge

Jake Soodek from Hirshmark Capital served as the lender's representative for this loan transaction. The property's landlord is Miriam Chan. With this financing, the property owners will have the necessary funds to carry out their plans and projects.