Park Slope Mixed-Use – Acquisition Loan

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 acquisition/bridge loan @ 7.5% secured by a mixed use building in the Park Slope neighborhood of Brooklyn. The subject property is roughly 3,800 SF with 2 apartments and 2 stores. The borrower purchased the building for $2,250,000 and required bridge financing due to a TOE closing. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.