$ 5,250,000 – Manhattan, NY (Financial District)

$ 425,000 – Cold Spring Harbor, NY (North Shore Long Island)
June 17, 2016
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$ 5,250,000 – Manhattan, NY (Financial District)

Nova Bridge Capital structured and placed a $5,250,000 bridge loan secured by a 6,000 SF luxury condominium in Lower Manhattan, NY. The property is located in the heart of the Financial District, steps from the Freedom Tower, the September 11 Memorial and Museum and benefits from the transformation of Lower Manhattan into a thriving 24/7 neighborhood. Further, the property also has immediate access to the NYC Transportation Hub of which the Oculus is the aesthetic and retail centerpiece. The bridge loan was used to refinance existing mortgages and provided approximately $500,000 cash out that enabled the borrower to recapitalize his manufacturing business.

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