New York CityNew York City

$800,000 First Mortgage – Sunset Park

Brick Capital Partners LLC, through an affiliate entity, provided a first mortgage in the amount of $800,000 to a private real estate investor.  Located in the Sunset Park section of Brooklyn,  the collateral is comprised of a three story walk-up apartment building that contains six apartments.  The loan proceeds were utilized to refiinance an existing mortgage and to fund building wide renovations.  The interest only loan is for a one year term.  Anthony Lekanides of Brick Capital arranged the financing.