In July 2019, Emerald Creek Capital provided a $1,200,000 bridge loan in the Gowanus neighborhood of Brooklyn, NY. The loan is secured by a 3,658 square foot development site with 7,316 buildable square feet. Gowanus is an industrial area of Brooklyn that has undergone a transformation through residential development and new businesses. The area is known for its art galleries, restaurants, bars, and breweries. The subject property benefits from access to the D, N, R, and W trains.
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