In May of 2018, Emerald Creek Capital provided a $1,750,000 refinance in the Bedford-Stuyvesant neighborhood of Brooklyn, NY. The subject property is a 6,620 square foot mixed-use building situated on a 2,000 square foot corner lot, with 100 feet of retail frontage. The building consists of a mix of one, two, and four-bedroom apartments, and 3 retail spaces at grade level. Bedford-Stuyvesant is a large residential neighborhood in central Brooklyn known for historic brownstones and Victorian architecture. While becoming increasingly popular among young families and artists, the community continues to attract new restaurants, shops, and other businesses. The subject property benefits from access to the A, C, and G subway lines and the Long Island Rail Road at Nostrand Avenue.
For more information, please contact:
Mike Cleaver, Managing Director