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Progress Capital Arranges $2.5 Million in Refinancing for Educational Facility in Park Slope

Progress Capital Arranges $2.5 Million in Refinancing for Educational Facility in Park Slope

Abe Mann secured $2,500,000 in refinancing for a 4,919 SF mixed-use building located at 335 Prospect Avenue in Brooklyn, NY.

The 2-story property is comprised of (3) newly renovated residential units and (1) retail/office space containing a brand-new state-of-the art playground fitting for its current occupant, BumblebeesRus, an early childhood education center with 8 locations throughout Brooklyn and Staten Island.

The location is in Park Slope, known for its quiet streets and beautiful historic architecture.  The property is within walking distance of Prospect Park, the R, F & G Trains, Methodist Hospital, various shopping boutiques and an array of ethnic restaurants to choose from.

Since 1990, Progress Capital has closed over $40 Billion in commercial loans and $150 Million in directly funded bridge loans.  As a commercial real estate advisory firm, we can advise you on any real estate investment you are considering and provide the financing advice you need to manage through the commercial real estate acquisition and/or financing process.  We consistently get our clients to the closing table… plain and simple!

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