In December of 2025, Emerald Creek Capital provided a $24,645,000 acquisition loan in the Murray Hill neighborhood of New York, NY. The subject property is a development assemblage having a buildable area of up to 94,818 square feet. Prominently situated on Second Avenue, the site is a corner parcel positioned for redevelopment into a luxury residential building with ground-floor retail. Murray Hill is a well-established and desirable residential neighborhood in Midtown Manhattan offering proximity to major employment centers, and access to retail, dining, and amenities. The subject property is well served by public transportation, including nearby access to the 4, 5, 6, 7, and S subway lines at the Grand Central–42nd Street transit hub, as well as multiple bus routes, supporting strong connectivity throughout Manhattan.
For more information, please contact:
Dean Wang, Director
(646) 561-4750
dwang@emeraldcreekcapital.com
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