In November of 2019, Emerald Creek Capital provided a $5,700,000 acquisition loan in the village of Kings Point, NY on the north shore of Long Island. The loan is secured by a 10,744 square foot luxury home situated on a 2-acre estate with 300 feet of water frontage. The subject property consists of a custom-built 2-story residence with 4 bedrooms, 6 full baths, 2 half baths, 2 fireplaces, indoor pool and spa, 3 car garage, rear patio and shared dock. The waterfront home features spacious bedrooms and living areas, in addition to floor-to-ceiling windows boasting sweeping views of the Long Island Sound and Manhattan Skyline. The village of Kings Point is located on the Great Neck Peninsula and is one of the most desirable neighborhoods within Nassau County. The subject property is driving distance to Manhattan and accessible by the Long Island Rail Road.
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