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Queens Retail – Bridge Loan

hablib

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $950,000 bridge loan secured by a retail property in the Richmond Hill neighborhood of Queens. The subject property is a corner, 2-story building, with a bank on the ground floor, an office above, and a parking lot behind. The property boasts 90 feet of wraparound frontage and is just blocks from a major subway. The borrower needed capital to payoff several liens against the building. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.

$950,000
Aug 2017