In March of 2018, Emerald Creek Capital provided a $2,000,000 refinance in Downtown Brooklyn. The loan is secured by a 21,780 square foot parking garage situated on the lower levels of a luxury residential tower. The garage contains 97 parking spaces throughout three levels. Downtown Brooklyn is the borough’s central business district across the Brooklyn Bridge from Lower Manhattan. The area is known for high-rise office and apartment buildings, universities, and retail stores. The subject property is located steps from the neighborhood’s main commercial thoroughfare Flatbush Avenue, and benefits from access to the A, C, F, R, 2, 3, B, Q, G, 4 and 5 subway lines.
For more information, please contact:
Jeff Seidler, Managing Director