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    214 Franklin Street

    Saturday, May 25, 2013

    Archetype Blurb

    AMC's $5,400,000 first mortgage loan is collateralized by a newly renovated mixed use, 21,175SF, 3-story walk-up apartment building with 10 residential apartment units, 3 ground-floor commercial spaces and one below-grade storage space on the east side of Franklin Street between Huron and Green Streets in the Greenpoint section of Brooklyn.  The subject financing relinquished a portion of the Sponsor's total proceeds which were used to add the third floor with 6 duplex apartment lofts in 2008.
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