East Harlem Multifamily – Bridge/Renovation Loan
Hirshmark Capital is proud to announce the funding of a bridge/renovation loan secured a multifamily building in the East Harlem neighborhood of Manhattan. The property is a four-story, brick building, containing 7 units. The property is situated just a few blocks from major subway lines and the 125th St Metro North train station. The borrower needed capital to renovate and remediate certain ECB/DOB issues. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.