$ 425,000 – Cold Spring Harbor, NY (North Shore Long Island)

$ 5,250,000 – Manhattan, NY (Financial District)
June 20, 2016
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$ 425,000 – Cold Spring Harbor, NY (North Shore Long Island)

Nova Bridge Capital provided a $425,000 acquisition loan to a borrower/builderwho acquired two building lots in Cold Spring Harbor, NY. The loan was secured bythe two lots; one lot is one-acre and the other, three-quarters of an acre. Nova’s fastand nimble lending platform allowed the builder to take advantage of quicklypurchasing the building lots in the very desirable School District #2. The builderintends on building two, 3,000 SF custom residences. The properties are situatedjust blocks from Main Street and the waterfront of Cold Spring Harbor.

Harold Buri
Managing Partner
631-379-7960 (direct)
h.buri@novabridgecapital.com