$ 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/builder who acquired two building lots in Cold Spring Harbor, NY. The loan was secured by the two lots; one lot is one-acre and the other, three-quarters of an acre. Nova’s fast and nimble lending platform allowed the builder to take advantage of quickly purchasing the building lots in the very desirable School District #2. The builder intends on building two, 3,000 SF custom residences. The properties are situated just blocks from Main Street and the waterfront of Cold Spring Harbor.

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