In May of 2020, Emerald Creek Capital provided a $2,500,000 bridge loan in the Carroll Gardens neighborhood of Brooklyn, New York. The loan is secured by a 4,100 square foot mixed-use building consisting of one ground floor retail unit and 2 full-floor, 2-bedroom apartments above. The retail unit includes a patio on the ground floor, with potential for outdoor seating. Carroll Gardens is a lively community in the heart of Brooklyn that strikes a charming balance between embracing its Italian heritage and offering hip bars, cafes, and local boutiques. The subject property is easily accessible by the F and G subway lines.
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