$3,250,000 Bridge Loan
Clinton Hill, Brooklyn, NY
13,000 combined Square Feet
January 2017 – Avant Capital Partners has originated a first mortgage loan in the amount of $3.25 million, secured by two multifamily rental properties in the Clinton Hill sub-market of Brooklyn.
The properties contain 13 residential rental units. Loan proceeds will be used to satisfy existing debt and provide cash-out to the borrower.
The properties are conveniently situated in the proximity of retail shops with access to mass transit lines and walking distance of the Atlantic Avenue-Barclays Center terminal.