In December 2018, Emerald Creek Capital provided a $6,750,000 refinance in the Prospect Heights neighborhood of Brooklyn, NY. The loan is secured by a newly constructed condominium development consisting of 9 residential units totaling 18,072 square feet of sellable area. All of the units are duplexes or triplexes, and each is finished with hardwood floors, marble countertops, stainless steel appliances, and private outdoor spaces. Prospect Heights is a popular Brooklyn community, home to the Brooklyn Botanical Gardens, Brooklyn Museum, and Barclays Center Arena. The subject property is accessible by the C, B, D, N, Q, R, 2, 3, 4, and 5 subway lines, as well as the Long Island Rail Road at Atlantic Terminal.
For more information, please contact:
Mike Cleaver, Managing Director