In July of 2018, Emerald Creek Capital provided a $1,600,000 bridge loan in the Fulton Ferry Historic District within the Brooklyn Heights neighborhood of Brooklyn, NY. The loan is secured by the subject property, a 2,967 square foot development site with 153 feet of combined frontage. Approved plans by the DOB include a 1-story retail building with 2,888 square feet on the ground floor and 2,888 square feet of cellar space. The Fulton Ferry Historic District is a waterfront area comprised of historic brick buildings within Brooklyn Heights, a vibrant neighborhood with an abundance of parks, restaurants, and entertainment. The subject property benefits from access to the 2, 3, A, C, and F trains, and the Ferry at Pier One with service to Manhattan, Queens, and Brooklyn.
For more information, please contact:
Mike Cleaver, Managing Director