Brooklyn Finance Closing

5601 and 5603 2nd Avenue Brooklyn, NY

$2,500,000

Description

ERG Commercial Real Estate is proud to announce the recent finance closing of 5601 and 5603 2nd Avenue in Brooklyn, NY. ERG placed a $2,500,000 5 year fixed mortgage at 3.625% interest rate with a 25 year amortization schedule. This is a 3 building mixed-use corner property consisting of a residential component, a retail component and an automotive repair shop. We were very pleased with the rate on this deal due to the automotive component.

Location

Address5601 and 5603 2nd Avenue Brooklyn, NY
City NY
Zip/Postal Code
Country United States
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