In August 2016, Emerald Creek Capital provided a $2,250,000 loan in the Bedford- Stuyvesant neighborhood of Brooklyn, NY. Built on a 20’ X 75’ corner lot, the site is improved with a four-story, mixed-use building totaling 5,600 SF. Containing six residential units and grade retail, the subject property was delivered vacant at closing. Emerald Creek Capital provided the financing required by the borrower to acquire the property as well as funds for renovation. Transportation is available and convenient with the G train one block away and close proximity to the J, M, Z trains.
For more information, please contact:
Jeff Seidler, Managing Director