In April of 2015, Emerald Creek Capital provided a $1,600,000 bridge loan in the Crown Heights neighborhood of Brooklyn, NY. Built on a 40.33 X 120.25 ft lot, the subject property is currently improved with a 10,184 SF three-story apartment building comprised of twelve units. A portion of Emerald Creek’s proceeds will finance the ongoing renovation of the building. The site benefits from public transportation with immediate proximity to the 3, 4, and 5 subway lines.
For more information, please contact:
Matt Fantuzzi, Vice President