In March 2016, Emerald Creek Capital provided a $1,700,000 bridge loan secured in the Bedford Stuyvesant neighborhood of Brooklyn, NY, and in Sag Harbor, NY. Located in Brooklyn, the subject property is situated on a 2,000 SF lot and is improved by a vacant three-story plus garden level townhouse, consisting of 3,600 SF of livable space. Located in Sag Harbor, the subject property consists of .74 acres of land zoned R-1 which can be developed with a maximum allowable building size of 3,100 SF.
For more information, please contact:
Matt Fantuzzi, Senior Associate