131 Concord Street Update 05/25/22

Dev Secures $36.5M Loan for Residential Project in Downtown Brooklyn

S3 Capital Partners has just issued a $36.5 million loan for the construction of a 13-story, residential development at 131 Concord Street in Downtown, Brooklyn. Developed by GW Equities LLC, the building would contain 73 apartment units and 180 square feet of commercial space. This would likely come in the form of ground-floor retail. Plans also call for a cellar and an enclosed parking garage with enough room for 8 vehicles.

Designed by S. Wieder Architect, the structure would stand 135 feet tall and total 48,558 square feet. An existing 2-story garage building would have to be demolished in order to make way for the new development.

View 131 Concord Street >>

Search BLDUP

Search BLDUP for news, projects, and companies to find the information that pushes your business forward.

Related News