88-92 Linden Blvd, Brooklyn

Property Overview

88-92 Linden Blvd, Flatbush, Brooklyn, NY was designed by designer RoArt and Feingold and Gregory Architects.

88-92 Linden is an eye-catching, seven-story rental building located between Bedford and Rogers. The building’s 46,885 square feet will hold 68 residential units, 33 parking spots, a gym and common roof deck.

Situation Overview

Allenby obtained a 90% LTV first lien stretch senior condo construction loan for Brookland Capital.

Brookland Capital is in the process of developing a 68 unit rental project at the site.

Borrower Overview

Brookland Capital is a real estate development and investment firm that specializes in the acquisition and development of real assets, primarily in Brooklyn. Brookland has completed over 30 projects in the area and is considered to be among the top private developers in Brooklyn.