manhattan4

Chrystie Street

$6,750,000

Manhattan, NY


  • Loan Type: Acquisition Financing
  • Property: As-of-right residential development site
  • Scenario: First mortgage loan to acquire a 16,250 square foot development site and carry the property through the predevelopment process until an assemblage with an adjacent site is created and a construction loan obtained.
  • Result: Time-of-the-essence acquisition