Bravo Property Trust Secures $80 Million Loan for East Harlem Multifamily Tower

News related to:Bravo Property Trust · 1 min read
NEW YORK, Oct. 13, 2026 /CourierPR/ -- Bravo Property Trust has secured a $80 million construction loan to develop a 194-unit Class A multifamily high-rise at 2201 Third Avenue in East Harlem, New York. The project, set to enhance the neighborhood's housing stock, will feature a robust amenity package, including a gym, playroom, pet spa, bike storage, co-working space, lounge, roof deck, and patio.
The new residential tower, located at 2201 Third Avenue, will provide easy access to multiple subway lines, including the 4, 5, 6, 2, and 3 trains, as well as the Metro-North at Harlem-125th Street. This strategic location makes the property well-positioned for residents seeking convenient transportation to major employment centers and other parts of the city.
Since its inception, Bravo Property Trust and its affiliate Bravo Capital have financed more than $2.5 billion of primarily multifamily and healthcare real estate transactions nationwide. The new project at 2201 Third Avenue is expected to contribute to the ongoing revitalization of East Harlem, addressing the growing demand for modern, well-equipped apartments in the area.
The development will feature 194 residential units, each designed to meet the needs of a diverse range of tenants. The amenity package is designed to enhance the quality of life for residents, offering a range of spaces for relaxation, socializing, and productivity. The roof deck and patio will provide residents with outdoor spaces to enjoy the city skyline and surrounding neighborhood.
With the construction loan in place, Bravo Property Trust is poised to bring this ambitious project to fruition, contributing to the continued growth and development of East Harlem. The financing underscores the company's commitment to supporting high-quality multifamily properties in dynamic urban markets, addressing the pressing need for modern housing in the city.