$513,750 First Mortgage Loan
3 Story Mixed Use Apartment Building
Rockaway Avenue
Brooklyn, New York

75% LTV based on the appraised value
12 month term/interest only
PROVIDED PURCHASE MONEY

FIVE DAY CLOSING!

$450,000 Second Mortgage Loan
5 Story Mixed Use Apartment Building
East 10th Street
New York, New York

22% LTV based on the appraised value
12 month term/interest only
PAID ESTIMATED ESTATE TAXES

$700,000 Mezzanine Loan
Condominium Construction Project
Lefferts Avenue
Brooklyn, New York

NY Urban placed 1st mortgage with a regional bank,
the combined loan was 64% of appraised value
12 month term/interest only
PROVIDED WORKING CAPITAL

$370,000 First Mortgage Loan
5 Story Mixed Use Apartment Building
St. Nicholas Avenue
New York, New York

64% LTV based on the appraised value
12 month term/interest only
PROVIDED PURCHASE MONEY