Located at 411 Monroe Street this NY Urban contributed all of the required equity and created a joint venture with their development partner Monaghan Inc.
Spectacular 2 Unit Condominium located in the northwest section of Hoboken. Dramatic open floor plan featuring over 3,000 SF of living space with five (5) bedrooms and 3 baths per unit.
NY Urban provided to the borrower with mezzanine capital in December of 2015. The proceeds were used for the building acquisition and renovation of the existing single family property into three condominium units.
Completed the borrower has begun selling units for in excess