212-807-6640[email protected]

Closed: NNN Refinance Loan

Closed: NNN Refinance Loan

Closed: NNN Refinance Loan
Price
$850,000
Address
150 Hale Avenue Brooklyn, NY
ERG Team
ERG Commercial Real Estate
ERG Commercial Real Estate is proud to present the recent financing of 150 Hale Avenue, Brooklyn, NY. 150 Hale Avenue is a small three story multifamily building in Brooklyn, NY that was leased out on a NNN basis to a New York City Agency. The deal had a number of issues that ERG was able to resolve to get it closed, the least of which was that the building was nonconforming to its current C/O. Due to ERG’s strong banking relationships ERG was able to navigate through these issues and resolve the banks concerns to be able to close the deal.