Selected Transactions for 2018

  • Greenpoint Industrial & Multifamily – Bridge Loan

    Greenpoint Industrial & Multifamily – Bridge Loan

    $10,250,000

    Bridge Loan

    October 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $10,250,000 bridge loan secured by two industrial buildings and two multfiamily buildings in the Greenpoint neighborhood of Brooklyn. The buildings total 37,000 SF. The borrower needed capital to purchase one of the industrial buildings. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Long Island City & Ridgewood – Construction Loan

    Long Island City & Ridgewood – Construction Loan

    $2,000,000

    Bridge Loan

    October 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,000,000 bridge loan secured a development site in Long Island City and a mid-construction building in Ridgewood, Queens. The subject development site has 6,750 BSF and is a block away from two major subway lines. The Ridgewood mid-construction project has 10,000 BSF, 10 units, and is a few blocks from the M train. The borrower needed capital to acquire the Long Island City parcel and used the Ridgewood development as additional collateral. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Bronx Multifamily & Brooklyn Mixed-Use – Bridge Loan

    Bronx Multifamily & Brooklyn Mixed-Use – Bridge Loan

    $1,750,000

    Bridge Loan

    October 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two unrelated bridge loans totaling $1,750,000. The loans are secured by a multifamily building in the Morris Heights neighborhood of the Bronx and a mixed-use building in the Flatbush neighborhood of  Brooklyn. The subject properties total roughly 15,000 SF with 13 residential units and 1 store.  The borrowers needed capital for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Prospect Lefferts Gardens Development Site – Bridge Loan

    Prospect Lefferts Gardens Development Site – Bridge Loan

    $6,500,000

    Bridge Loan

    September 2018
    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,500,000 bridge loan secured by a retail strip/development site in the Prospect Lefferts Gardens neighborhood of Brooklyn. The subject property has 115 feet of frontage along the avenue with a total of 55,000 as of right buildable SF. The borrower needed capital for pre-development costs. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.
  • Bushwick Multifamily – Property Acquisition

    Bushwick Multifamily – Property Acquisition

    $1,000,000

    Commercial Property Acquisition

    September 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the $1,100,000 purchase of a multifamily property in the Bushwick neighborhood of Brooklyn. 315 Menahan Street is a 3-story brick building, that is 5,000 SF.  The property is just 3 blocks away from the Myrlte Avenue L and M trains. Hirshmark purchased the asset, at a going in 3% capitalization rate, with 6 rent-stabilized units, allowing for immediate upside. This is yet another example of our aggressive appetite in acquiring well trafficked and unique commercial properties throughout NYC.

  • Queens Industrial – Bridge Loan

    Queens Industrial – Bridge Loan

    $2,400,000

    Bridge Loan

    August 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,400,000 bridge loan secured by an industrial building in the Glendale neighborhood of Queens. The subject property is a 20,000 SF building occupied by the borrower. The borrower needed capital to refinance an existing bridge loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Ridgewood Industrial/Retail – Renovation & Bridge Loan

    Ridgewood Industrial/Retail – Renovation & Bridge Loan

    $1,900,000

    Bridge Loan

    August 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,900,000 bridge loan secured by an industrial building in the Ridgewood neighborhood of Queens. The subject property is a vacant, 8,500 SF, two-story building. The borrower needed capital to refinance and renovate the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Queens Multifamily – Bridge Loan

    Queens Multifamily – Bridge Loan

    $8,750,000

    Bridge Loan

    August 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $8,750,000 bridge loan secured by a multifamily building in Queens. The subject property is a 70,000 SF building with 80 units. The borrower needed capital to refinance an existing bank loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • East Flatbush Multifamily – Bridge Loan

    East Flatbush Multifamily – Bridge Loan

    $1,000,000

    Bridge Loan

    August 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,000,000 bridge loan secured by a multifamily building in the East Flatbush neighborhood of Brooklyn. The subject property is roughly 13,000 SF with 16 units, all of which are rent stabilized. The borrower needed capital to refinance and renovate the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Queens Retail – Bridge Loan

    Queens Retail – Bridge Loan

    $2,600,000

    Bridge Loan

    July 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,600,000 bridge loan secured by a retail strip in the Jamaica Estates neighborhood of Queens. The subject property is a 10,000 SF building with four vacant units. The property is on a major retail thoroughfare and has over 140 feet of frontage. The borrower needed capital to renovate the subject property. This is yet another example of our aggressive appetite for providing short term bridge financing in a time sensitive manner.

  • Chinatown Mixed-Use – Bridge Loan

    Chinatown Mixed-Use – Bridge Loan

    $3,850,000

    Bridge Loan

    July 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,850,000 bridge loan secured by a mixed-use building in the Chinatown neighborhood of Manhattan The subject property is a 8,250 SF building with six residential units and a commercial space. The borrower needed capital to refinance the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Williamsburg Investment Condos – Bridge Loan

    Williamsburg Investment Condos – Bridge Loan

    $1,000,000

    Bridge Loan

    July 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,000,000 bridge loan secured two investment condominiums in the Williamsburg neighborhood of Brooklyn. The condominium building is one block from the waterfront, a few blocks from the subway, and surrounded by many restaurants and bars. The borrower needed capital for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Flatbush Multifamily – Bridge Loan

    Flatbush Multifamily – Bridge Loan

    $1,200,000

    Bridge Loan

    July 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,200,000 bridge loan secured by a multifamily building in the Flatbush neighborhood of Brooklyn. The subject property is a 9,000 SF building with eight units, five of which are vacant. The borrower needed capital to renovate the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Bedford Stuyvesant Multifamily – Bridge Loan

    Bedford Stuyvesant Multifamily – Bridge Loan

    $800,000

    Bridge Loan

    July 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $800,000 bridge loan secured by a multifamily building in the Bedford Stuyvesant neighborhood of Brooklyn. The subject property is a 6,000 SF building with six units, three of which are vacant. The borrower needed capital to renovate the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Queens Multifamily – Bridge Loan

    Queens Multifamily – Bridge Loan

    $1,450,000

    Bridge Loan

    June 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,450,000 bridge loan secured by a multifamily in the Ridgewood neighborhood of Queens and a multifamily in the Rockaway neighborhood of Queens. The subject properties total over 12,000 SF and 11 units. The borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Downtown Brooklyn Mixed-Use – Bridge Loan

    Downtown Brooklyn Mixed-Use – Bridge Loan

    $1,550,000

    Bridge Loan

    June 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,550,000 bridge loan secured by a mixed-use building in Downtown Brooklyn. The subject property is roughly 4,500 SF with 6 apartments and a store. The property is located on one of the busiest retail corridors in Brooklyn, blocks away from several subway lines. The borrower needed capital for a different  business opportunity. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Prospect Heights Commercial/Industrial – Bridge Loan

    Prospect Heights Commercial/Industrial – Bridge Loan

    $3,350,000

    Bridge Loan

    June 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,350,000 bridge loan secured by a commercial building in the Prospect Heights neighborhood of Brooklyn. The subject property is a 10,000 SF commercial building with 11 tenants. It is a few blocks from Barclays and surrounded by many restaurants and bars. The borrower needed capital to refinance an existing loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner. \

  • Bedford Stuyvesant Multifamily – Property Acquisition

    Bedford Stuyvesant Multifamily – Property Acquisition

    $2,250,000

    Commercial Property Acquisition

    June 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the purchase of a multifamily property in the Bedford Stuyvesant neighborhood of Brooklyn. 498 Putnam Avenue is a 4-story brick building, that is 9,200 SF.  The property is a few blocks from Fulton Street and the A and C trains. Hirshmark purchased the asset, at a going in sub 3% capitalization rate, with 4 vacant units and 4 rent-stabilized units, allowing for immediate upside. This is yet another example of our aggressive appetite in acquiring well trafficked and unique commercial properties throughout NYC.

  • Brooklyn Multifamily – Bridge Loan

    Brooklyn Multifamily – Bridge Loan

    $5,000,000

    Bridge Loan

    May 2018
    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,000,000 bridge loan secured by three mulifamily buildings in Brooklyn. The subject properties total over 25,000 SF and contain 30 units. The borrower needed capital to refinance and renovate the buildings. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.
  • Flushing Multifamily – Construction Loan

    Flushing Multifamily – Construction Loan

    $4,300,000

    Bridge Loan

    May 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,300,000 construction loan secured by a mid-construction site in the Flushing neighborhood of Queens. The subject property will be a 31,000 SF multifamily building with 40 units. It is within walking distance to a major subway line as well. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Greenpoint Multifamily – Construction Loan

    Greenpoint Multifamily – Construction Loan

    $1,400,000

    Bridge Loan

    April 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,400,000 construction loan secured by a multifamily building in the Greenpoint neighborhood of Brooklyn. The subject property is a 6,000 SF shell that contains 6 units and is 75% complete. The borrower needed capital to finish the construction. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Downtown Brooklyn Retail/Development Site – Acquisition Loan

    Downtown Brooklyn Retail/Development Site – Acquisition Loan

    $1,500,000

    Bridge Loan

    April 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 acquisition loan secured by a commercial building/development site in Downtown Brooklyn. The subject property is an 1,800 SF commercial building with 12,000 BSF. The borrower needed capital to acquire the development site with a TOE closing. The borrower has approved plans to build a 12,000 SF office building. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Bushwick Mixed-Use – Bridge Loan

    Bushwick Mixed-Use – Bridge Loan

    $1,700,000

    Bridge Loan

    April 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,700,000 bridge loan secured by a mixed-use building in the Bushwick neighborhood of Brooklyn. The subject property is a 7,500 SF building with two apartments and a 5,000 SF grocery store. The borrower needed capital to refinance and pay off violations on the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Prospect Heights Land – Bridge Loan

    Prospect Heights Land – Bridge Loan

    $3,800,000

    Bridge Loan

    February 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,800,000 bridge loan secured by a development site in the Prospect Heights neighborhood of Brooklyn. The subject property has roughly 27,000 BSF and is blocks away from Barclays Center. The borrower needed capital for pre-construction costs. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Greenpoint Mixed-Use – Bridge Loan

    Greenpoint Mixed-Use – Bridge Loan

    $700,000

    Bridge Loan

    February 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $700,000 bridge loan secured by a mixed-use building in the Greenpoint neighborhood of Brooklyn. The subject property is a 4,250 SF building with four apartments and a store. The borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Queens Retail – Bridge Loan

    Queens Retail – Bridge Loan

    $3,350,000

    Bridge Loan

    January 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,350,000 bridge loan secured by a triple net retail building in Queens. The subject property is a 3,500 SF building leased to TD Bank. The borrower needed capital to payoff a maturing loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Greenpoint Retail/Industrial – Bridge Loan

    Greenpoint Retail/Industrial – Bridge Loan

    $750,000

    Bridge Loan

    January 2018

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $750,000 bridge loan secured by a 50% Tenants In Common interest in a retail/industrial building in the Greenpoint neighborhood of Brooklyn. The subject property is a single story, corner building, with 10,000 SF. The borrower needed capital to payoff a maturing loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.


  • East Village Mixed-Use – Bridge Loan

    East Village Mixed-Use – Bridge Loan

    $1,500,000

    Bridge Loan

    January 2018
    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 bridge loan secured by a mixed-use property in the East Village neighborhood of Manhattan. The subject property is a 6,000 SF, 5-story, brick building, with 6 apartments and a store.  The property is in the heart of the East Village, on one of the busiest streets, surrounded by national tenants. The borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.