Mercury Capital Markets Secures $3.7M Ground Up Condo Construction Loan In Bushwick, Brooklyn | 1066-1068 Jefferson Avenue | S3 Capital, Urban Standard Capital | Eric Gleitman | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

2,700 sqft

An development site located at 1066 Jefferson Ave in Bushwick, Brooklyn has been involved in a closed property transaction. The property, owned by Nigel Boyden of Croxdale Real Estate, was the subject of a ground-up condo construction loan provided by S3 Capital Partners. The loan amount for the project was $3,700,000.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $3,700,000
Address: 1066 Jefferson Ave
Market: Bushwick, Brooklyn

Eric Gleitman of Mercury Capital Markets acted as the broker in this deal. Daniel Rothman, from Rothman Law PLLC, served as the attorney for the transaction.

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Players

All
4

Agents
1
Agencies
1
Lenders
2

Eric Gleitman

Founder and Managing Member

$10.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Steven Jemal, Robert Schwartz, Eric Gleitman DATE: 10/31/2019 ADDRESS: 1066 Jefferson Ave MARKET: Bushwick, Brooklyn ASSET TYPE: Development Site LENDER: S3 Capital Partners LANDLORD: Nigel Boyden – Croxdale Real Estate BROKER: Eric Gleitman – Mercury Capital Markets ATTORNEY: Daniel Rothman – Rothman Law PLLC LOAN AMOUNT: $3,700,000 NOTE: Ground Up Condo Construction Loan for […]

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Address1066-1068 Jefferson Avenue

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