$2,000,000 – Brookyn, NY (Bay Ridge)

In April of 2023, Emerald Creek Capital provided a $2,000,000 bridge loan in the Bay Ridge neighborhood of Brooklyn, NY. The loan is secured by a three-story medical office building with 18,600 square feet of net rentable area, which includes a finished lower level. The building features a third-floor outdoor terrace, two professional kitchens, an auditorium, and a 2,700-square-foot garage. Bay Ridge is a diverse neighborhood known for its tree-lined streets, historic architecture, waterfront parks, and bustling commercial district with many restaurants, cafes, and shops. The subject property is adjacent to the Bay Ridge Brooklyn NYU Langone Outpatient Medical Center and proximate to Brooklyn Veterans Hospital, New York Methodist Hospital, NYU Langone, and the Maimonides Medical Center. The location is served by the R train, Interstate 278, and various bus lines, making it easily accessible to other parts of Brooklyn and Manhattan.

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