(310) 400-5631 info@rodeocapital.com
$1,990,000 Brooklyn NY

Property Type

Loan Type

August 24, 2016

The Subject property when completed will be a 5,091 sq ft 4 story, 7 unit apartment building with a cellar level located in the up and coming neighborhood of Greenpoint Brooklyn. The residential units include 4 one bedroom/1 bathroom units and 3 two bedroom / one bathroom units. Rodeo Capital’s new loan allowed the borrower to pay off existing mortgage and to complete the construction of the property.

  • 52% Loan After Repair Value 
  • Fund Controlled Rehab Budget
  • Full Interest Reserves

 

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