Brick Realty Capital completes purchase of non-performing mortgage and note
Brick Realty Capital LLC, through an affiliate entity, recently completed the purchase of another non-performing mortgage and note. According to managing partner Eric Roth, the collateral, which is located in The Williamsbridge section, consists of a newly constructed five-story apartment building comprised of six apartments plus a retail/day care center on the ground floor. There is a total 9,200 s/f of rentable space within the property.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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