$1,350,000 Bridge Loan
5,956 & 8,274 Square Feet
May 2018 – Avant Capital Partners has acquired from Northeast Bank two non-performing first mortgage loans with an aggregate unpaid principal balance of $1.35 million. The Loans are secured by first mortgages on a four-story multifamily rental property located at 288 Woodworth Avenue, Yonkers, NY and a three-story mixed use property located at 54-56 North Broadway, Yonkers, NY. The Woodworth Property includes seven residential apartment units, and the North Broadway Property includes three retail units and eight residential apartment units.