Closed Loans

$2.2 Million Secured in Bushwick Portfolio

$2.2 Million Secured in Bushwick Portfolio

Brooklyn, NY Brad Domenico secured $2.2 Million in financing for two properties located in Brooklyn, New York.

The first property is a mixed use 6,868 SF building located at 1245 Halsey Street, Brooklyn, NY.  This 4-story walk-up building is made up of 7 residential units and 1 retail storefront. The residences have been recently renovated to include new kitchen with stainless steel appliances, dishwasher, generous counter and cabinet space, plus washer and dryer.

The second property is a 5,832 SF three story multifamily building located at 515 Wilson Ave, Brooklyn, NY. The recently renovated apartment building contains 6 units featuring gorgeous hardwood floors, high ceilings, washer & dryer, stainless steel appliances and a large, private backyard.

Both properties are within walking distance of the L Train and J/Z line (New York City Subway).  Nearby parks include Irving Square Park, Saratoga Park, a Dog Park and Skate Park.

Bushwick is one of Brooklyn’s hottest neighborhoods gaining a name for itself as the new hipster hub. With its photogenic graffiti-ed streets and nightlife ranging from drag shows to hilarious comedy events, this artistic and talented community is an attractive option for young professionals and creatives.

Brad worked with both lenders to negotiate the most favorable terms for his client.

Progress Capital is a commercial real estate advisory company serving clients since 1990. With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple. #thatsProgress

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