New York CityNew York City

Non-Performing Note Purchase – East Harlem Apartment Building

Brick Realty Capital LLC, through an affiliate entity, has closed on the purchase of another non-performing first Mortgage and Note.  Located in the East Harlem section of Manhattan, the collateral consists of a 6 story corner apartment building that is comprised of 25 apartments and 5 retail stores.  Brick closed on the purchase of the mortgage within 15 days of the accepted offer.