In May of 2020, Emerald Creek Capital provided a $1,500,000 bridge loan in the Prospect Heights neighborhood of Brooklyn, NY. The loan is secured by luxury condominium units totaling 2,641 square feet within a newly constructed 13-unit development. Ranging from 1 to 3 bedrooms, each unit features unique, functional layouts with modern appliances and furnishings. Residents enjoy amenities including indoor parking, storage, a virtual doorman, and a common roof deck, in addition to an abundance of shops and restaurants in the area. Prospect Heights is a desirable Brooklyn community, home to the Brooklyn Botanical Gardens, Brooklyn Museum, and Barclays Center Arena. The subject property is located steps from Prospect Park and is conveniently accessible by the 2, 3, 4, 5, and S subway lines.
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