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S3 Provides Financing for Condominium Construction on the Upper East Side

S3 Provides Financing for Condominium Construction on the Upper East Side

S3 Capital has provided a $24.5-million loan for the construction of a high-end luxury condominium project at 439 E. 77th St. on Manhattan’s prestigious Upper East Side neighborhood. The developer behind this project is Visabe Corporation, known for their successful developments in the Tri-State area and beyond.

The development will consist of 16 luxurious condo units with top-of-the-line amenities, making it an attractive addition to the already thriving real estate market in this coveted location.

Rob Schwartz, co-founder and principal at S3 Capital expressed his confidence in the success of this project due to its prime location, exceptional design quality, and strong demand for luxury condos in Manhattan.

Steven Jemal, director of origination at S3 added that they are thrilled to partner with Visabe Corporation who brings a wealth of experience and expertise to the table along with shared values that align perfectly with this development’s ethos. They are excited about seeing this project come to life on New York City’s iconic Upper East Side.

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