Steven Jemal Of S3 Capital Provides $2,400,000 Renovation Loan For Brooklyn Single-Family Townhome

The property asset involved in this transaction is a single-family residence located in Brooklyn. The total square footage of the asset is 6,372 square feet. The associated loan amount is $2,400,000, designated as a renovation loan to facilitate the conversion of an existing building into a single-family townhome.

Summary of transation details:

• Property Type: SFR
• Transaction Amount: $2,400,000
• Lender: Steven Jemal - S3 Capital
• Loan Type: Renovation
• Date: 07/14/2026
• Market: Brooklyn

Steven Jemal, representing S3 Capital, is a key individual in this transaction. S3 Capital is recognized as a leading capital provider actively financing multifamily transactions, primarily focusing on loan opportunities that exceed $1 million. The lender's role in this deal emphasizes their commitment to supporting renovations and conversions of properties within various markets.