Urban Standard Capital Provides $3,000,000 Acquisition Loan For Retail Asset In Montauk

The property involved in this transaction is a retail asset located at 474 West Lake Drive in Montauk. The square footage of the property is 5,256, and it has been financed with a loan amount of $3,000,000 for acquisition purposes. Urban Standard Capital is the lender responsible for this financing arrangement.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,000,000
• Lender: Urban Standard Capital
• Loan Type: Acquisition
• Date: 6/12/2026
• Address: 474 West Lake Drive
• Market: Montauk
• Asset Size: 5,256 SF

Haley Davis and Seth Weissman were involved in the deal, representing Urban Standard Capital. The loan was executed through USC's Core Financing platform, enabling access to lower-cost capital for qualified transactions.