Urban Standard Capital Provides $20.1M Condo Inventory Loan For 12-Unit Multifamily In New York City

The multifamily property located at 66 Clinton Street in New York City has undergone a closed transaction. This property spans 15,463 square feet and consists of 12 units. The asset type is a multifamily property, making it an attractive investment opportunity in the New York City market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $20,100,000
• Address: 66 Clinton Street
• Market: New York City
• Square Footage: 15,463
• Units: 12

Urban Standard Capital served as the lender for this closed transaction. Vault Development Partners and TLM Equities acted as the landlords for the property. The loan amount for this transaction was $20,100,000, and it was classified as a Condo Inventory Loan.

For all bridge and construction lending opportunities, individuals can reach out to Robert ([email protected]) and Harrison ([email protected]), who are part of the Urban Standard Capital team.