$2,300,000 – Brooklyn, NY (Williamsburg)

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In October 2015, Emerald Creek Capital provided a $2,300,000 acquisition loan secured by a 10,173 SF development site located in Williamsburg, Brooklyn.

The site can be developed with a maximum zoning floor area of 20,346 SF. The borrower has approved plans with the DOB plans for a hotel. The site has immediate proximity to I-278 Expressway and the Williamsburg Bridge as well as access within a three-block radius to the J, M, and G subway lines.

For more information, please contact:

Mike Cleaver, Director
(212) 239-6845

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