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BridgeCity Capital Provides $24M Construction Loan For Land In Belmont Owned By Vijay Gogia

2481 Crotona Avenue
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This property located in NY received a loan of $24,000,000 almost 2 years ago.

The property involved in this transaction is located at 2481 Crotona Avenue in Belmont. The property is a land asset with a total of 84 units. The transaction took place on 12/05/2022 with a loan provided by BridgeCity Capital. The loan amount for the transaction was $24,000,000, and it was a construction loan. The landlord for this property is Vijay Gogia.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $24,000,000
  • Address: 2481 Crotona Avenue
  • Market: Belmont
  • Units: 84

Vijay Gogia represented the landlord in this deal.

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Deals
  • Location
    2481 Crotona Avenue, The Bronx, New York 10458, United States2481 Crotona Avenue, The Bronx, New York 10458, United States
  • Loan Value
    $24,000,000$24,000,000

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Deal Summary

LOAN DATE: 12/05/2022 ADDRESS: 2481 Crotona Avenue MARKET: Belmont ASSET TYPE: Land ~ UNITS: 84 LENDER: BridgeCity Capital (@BridgeCityFunding) LANDLORD: Vijay Gogia LOAN AMOUNT: $24,000,000 LOAN TYPE: Construction Loan

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