Fire Damaged Renovation Loan
460 Halsey Street Brooklyn, NY
$1,130,000
Description
ERG Commercial Real Estate is proud to present the recent private financing of 460 Halsey Street in Brooklyn, NY. The 9,500 square foot, 8 family building is located between Marcus Garvey Boulevard and Lewis Avenue in the heart of Bedford Stuyvesant. The owner was seeking private financing to replace his current loan, while cashing out to finance a gut renovation of said property. There was a recent fire, which caused a vacate order and a need for the renovation. ERG was able to secure the loan and close within two weeks.
