S3 Capital Partners Provides $31.5M Construction Loan For Multifamily Project In Williamsburg, Brooklyn

110 North 1st Street

MultiFamily

43,437 SF

Financed 1 year ago

Summary

Loan

NEW YORK

MultiFamily

43,437 sqft

The property involved in this transaction is a multifamily building located at 110 N. 1st St. in Williamsburg, Brooklyn. The building has a total square footage of 43,437 and consists of 39 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $31,500,000
Date: 04/14/2022
Market: Williamsburg, Brooklyn

The lender for this transaction is S3 Capital Partners, represented by Robert Schwartz and Shawn Safdie. The loan amount provided was $31,500,000, and the loan type is construction.

Details

Deal Summary

FINANCED

IMAGE: Robert Schwartz DATE: 04/14/2022 ADDRESS: 110 N. 1st St. MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily ~ SF: 43,437 ~ UNITS: 39 LENDER: S3 Capital Partners - Robert Schwartz & Shawn Safdie LOAN AMOUNT: $31,500,000 LOAN TYPE: Construction

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Address110 North 1st Street

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