341 Eastern Parkway

HREV made an equity investment in a 63-unit residential condominium project in Prospect Heights, Brooklyn in the second quarter of 2012.

The site is located at the foot of a subway stop with a ground floor retail component. With a capital structure in place, the Sponsor developed an 8-story mixed-use building consisting of 63 residential rental units (56,727 NSF) and 3 commercial units. The Property was sold in 2016.