Description

ERG Commercial Real Estate is proud to announce the recent finance closing of 186 Nassau Avenue Brooklyn, NY. ERG secured a 5 year fixed mortgage with a 30 year amortization period at 3.625% interest rate. The property is a mixed use building consisting of 4 apartments and 2 retail units on the prime retail corridor of Nassau Avenue in Greenpoint, Brooklyn. ERG assisted the client in navigating this transaction through the COVID-19 Pandemic as banking guidelines and regulations were changing rapidly. Through our strong relationships and hands on approach in every step of the deal, we were able to push through this new banking environment.