Queens Retail – Bridge Loan

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Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,000,000 bridge loan secured by a retail property in the Far Rockaway neighborhood of Queens. The subject property is a single story retail building on an irregularly shaped corner lot. The building is 7,000 SF and contains 7 retail spaces. The borrower needed capital to fix certificate of occupancy issues and pay off violations on the building. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.
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