$2,700,000 loan secured by a 31-unit, 27,000 square-foot multifamily property located at 15 East 199th Street in Bronx. The property consists of 23 two-bedroom apartments and 8 three-bedroom apartments. Edgewood’s loan was used to pay off the existing debt on the property. Edgewood’s loan was paid back in full in October of 2014.
