388 Broadway

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LIC Light industrial
November, 2017
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bridge loan 39 and 40
June, 2017

$12,000,000 Bridge Loan

size-icon Tribeca East, Manhattan, NY

size-icon 24,0000 Square Feet

size-icon Mixed-Use

Avant Capital Partners has originated a $12 million loan secured by a mixed-use property in the Tribeca East neighborhood of Manhattan. The property contains one retail unit, a second-floor office tenant, and seven loft units. Loan proceeds refinanced an existing mortgage debt, provided funds to complete renovations, and funded reserves and closing costs.  The property is located near Columbus Park, Collect Pond Park and the Thomas Paine Park.