In February 2017, Emerald Creek Capital provided an acquisition loan in the Bedford-Stuyvesant neighborhood of Brooklyn, NY. Built on an approximately 39 X 80 SF lot, the site is currently improved with a 4,720 SF mixed-use building comprised of three residential units over grade retail. With a maximum zoning floor area of 9,442 SF, the subject has a full set of approved plans for the development of a four-story, six-unit residential building totaling 9,385 SF. The subject property is within walking distance to the J, M, Z, A, C, & G subway lines.
For more information, please contact:
Jeff Seidler, Managing Director