FINANCED
Urban Standard Capital Secures $3.7M Loan For Condo Conversion At 85 Douglas St. In Brooklyn
85 Douglas Street
2,500 SF
Financed 1 year ago
Summary
Loan
NEW YORK
2,500 sqft
Colorado Federal Savings Bank provided a loan worth $3,700,000 for the condo conversion at 85 Douglas St. in Brooklyn. The conversion project was overseen by Seth Weissman, the developer and landlord representing Urban Standard Capital. The transaction was facilitated by Eric Gleitman from Mercury Capital Markets.
Summary of Transaction Details:
- Property Type: Condo Conversion
- Transaction Amount: $3,700,000
- Lender: Colorado Federal Savings Bank
- Developer/Landlord: Seth Weissman @UrbanStandardCap
- Broker: Eric Gleitman - Mercury Capital Markets
The financing deal involved a loan provided by Colorado Federal Savings Bank, while the condo conversion project was carried out by Seth Weissman from Urban Standard Capital. Eric Gleitman, representing Mercury Capital Markets, facilitated the transaction.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Eric Gleitman & Seth Weissman
DATE: 01/28/2019
ADDRESS: 85 Douglas St.
MARKET: Brooklyn
ASSET TYPE: Condo Conversion
LENDER: Colorado Federal Savings Bank
DEVELOPER/LANDLORD: Seth Weissman @UrbanStandardCap
BROKER: Eric Gleitman – Mercury Capital Markets
AMOUNT: $3,700,000View on map
Loading...
Address85 Douglas Street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want