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Premier Hard Money Lender for New York City

Brooklyn Bridge Capital, a thriving real estate investment and equity firm,

  • Acquisitions & Refinancing
  • Foreclosure Bailouts
  • Bank Workouts and Turnarounds
  • Ground-Up Construction

Property Geographic Area Details

New York City - Manhattan, Brooklyn, Queen, Bronx, Long Island

Loan Amounts

$100,000 to $5,000,000

Interest Rates

7% to 12%

Max Loan-To-Value

70%

Max Loan-To-Cost

80%

Origination Fees

1% to 3%

Loan Terms

6 months to 36 months

Lien Position

  • 1st

Loan Purpose

  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property

Property Occupancy

  • Vacant
  • Tenant Occupied 100%

Property Types and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property
  • Commercial Property Ground Lease

Property Types

  • 2-4 Units Residential
  • Adult Day Care
  • Assisted Living Facility
  • Child Day Care
  • Commercial Condominium
  • Commercial Land
  • Condominium
  • Healthcare
  • Hospital
  • Hotel
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Residential Land
  • Retail

Loan Types

  • Private Money
  • Hard Money
  • Commercial Bridge
  • Residential Bridge
  • Commercial Property Value Add
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Commercial Long-Term

Specialty Loan Types

  • Condo Conversion
  • Residential Long-Term Rental
  • Note Purchase
  • Partner Buyout
  • Discounted Note Payoff
  • Bankruptcy Resolution
  • Foreclosure Bailout
  • Line of Credit Single Property
  • Line of Credit Portfolio of Properties
  • Residential Non-Prime

Land Loan

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land
  • Office Land
  • Retail Land
  • Hospitality Land

Will Consider Land That is NOT Entitled

no

Existing Land Improvements Required

  • Street Access
  • Electricity
  • Gas
  • Water
  • Communication

Max LTV for Land

60%

Max LTC for Land Acquisition

50%

Purchase Loan

Max Loan-To-Purchase Price

80%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Equity in Primary Residence
  • Seller Financing
  • Gap Lender
  • Crowdfunding
  • Family

Rehab Value Add Loan

Experience Required

yes

Minimum Number of Value-Add Projects Completed by Borrower

1

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Typical Number of Days for Funds Draw

0

Maximum After Repair Value

70.00%

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty

yes

6 months

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered

    Documentation Required

    • Credit Report

    Personal Guaranty (Recourse) Required

    Sometimes

    Credit Check Required

    yes

    Minimum Credit Score Required

    400

    Credit Check Description

    No minimum score, but we have to run a credit report to see the borrower's history.

    Appraisal Required for Residential Property

    Sometimes

    Appraisal Required for Commercial Property

    Sometimes

    Broker Price Opinion (BPO) Accepted for Residential Property

    Never

    Broker Price Opinion (BPO) Accepted for Commercial Property

    Never

    Fees

    Deposit Required

    $2,500.00 to $2,500.00

    Fees which are mandatory for all new borrower clients

    • Deposit
    • Due Diligence Fee

    Fees which are charged upfront prior to loan closing

    • Due Diligence Fee

    Brooklyn Bridge Capital, LLC is based in Brooklyn NY. We specialize in non-performing notes and the purchase of defaulted loans for the New York metro area. We are a leading local source of hard money and short term loans in the residential and Commercial NY real estate market. Our solid reputation has been crafted on a strong edifice of integrity and credibility.

    At Brooklyn Bridge Capital, we possess years of real estate industry experience, offering flexible financing and investing solutions. Founded by Shaya Krausz in 2014, our solid reputation has been crafted on a strong edifice of integrity and credibility. Servicing prominent lending institutions, we specialize in non-performing notes and the purchase of defaulted loans for the New York metro area.

    For commercial property owners, our loan origination and hard money loan services offer properties at risk for foreclosure a viable recovery opportunity. Our strong established relationships with nationally recognized lending institutions enhance our clients’ ability to secure optimal funding settlements.

    We offer personalized service and localized knowledge, simplifying the process and customizing solutions. Managing time-sensitive transactions quickly and seamlessly, Brooklyn Bridge Capital’s expertise and focused services offers a stalwart platform for success.

    Company Size (Number of Employees)

    3

    Year Established

    2007

    Office Locations

    Brooklyn, New York

    Primary Capital Source

    • Own Funds
    • Individual Investors
    • Private Equity Funds
    • Hedge Funds
    • Friends & Family

    Loan Structure for Majority of Loans

    • One Investor One Loan
    • LLC Syndicated Investors
    • Table Funding with Bank

    Percentage of company’s lending business focused on private mortgage

    100%

    Percentage of Loans Secured by Commercial Property

    100%

    Percentage of Loans Secured by Residential Property

    25%

    Percentage of Residential Property Loans Which are Fix and Flip

    15%

    Percentage of Residential Property Loans Which are Buy and Hold

    20%

    Percentage of Loans Secured by Land

    15%

    Percentage of Commercial Property Loans Which are Ground-Up Construction

    10%

    Total Number of Loans Funded to Date

    150

    Total Loan Volume Funded to Date

    $18,500,000

    2017 Number of Loans Funded

    18

    2017 Loan Volume Funded

    $249,999

    2018 Number of Loans Funded

    20

    2018 Loan Volume Funded

    $360,000

    2019 Number of Loans Funded

    16

    2019 Loan Volume Funded

    $660,000

    Before You Contact Us

    Our Minimum Loan Amount Is

    $100,000

    What We Do

    • Investment Properties in NYC
    • In-House Valuation for NYC Properties
    • Commercial & Residential Real Estate
    • LTV up to 70%

    Not Available

    • NO 100% Financing
    • NO Owner-Occupied Homes
    • NO Ground-Up Construction

    Loan Request

    Short Description of your Loan Request or Property Address

    This information is about yourself, not the subject property.

    $
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    (temp use, storage, billboard, parking, etc.)

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    If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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    (temp use, storage, billboard, parking, etc.)

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    If Borrower is not seeking additional funds for the renovation, change the Loan Type to Purchase or Acquisition.

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    how will the loan be paid off?

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