Rodeo Capital, Inc. Closes a $1,990,000 7 Unit Multi Family Construction Completion in Brooklyn New York.

[Marc Rabkin]

 

DEAL HIGHLIGHTS:

  

52% Loan to After Repair Value

Fund Controlled Rehab

Full Interest Reserve

 

 The subject property when completed will be a 5,091 sq ft 4 story, 7 unit apartment building with a cellar level located in the up and coming neighborhood of Greenpoint Brooklyn. The residential units include 4 one bedroom/one bathroom units and 3 two bedroom/ one bathroom units. Rodeo capital’s new loan allowed the borrower to pay off existing mortgage and funds to complete the construction of the property.

 

 To View this and other recently closed transactions; please visit our Recent Fundings Page on our website at: http://rodeocapital.com/1990000-brooklyn-ny/

 

To learn more about this loan or our overall lending capabilities, please contact Marc Rabkin at 310-909-7334 or [e-mail]