In May of 2022, Emerald Creek Capital provided a $2,500,000 bridge loan in the Clinton Hill neighborhood of Brooklyn, NY. The loan is secured by a newly renovated, two-unit brownstone townhouse with 3,400 square feet of net rentable area and a 3,712 square foot cellar. The upper two floors contain a three-bedroom, two-bath duplex apartment, while the lower two floors and cellar are a triplex with three bedrooms, two and one-half baths, a large recreation room, and a large rear yard with a deck. Both units have high-end finishes and fixtures throughout. Clinton Hill is a desirable residential area in central Brooklyn, with a historic district and eclectic mix of architectural styles. The subject property is located two blocks from the Pratt Institute and is accessible by the A, C, and G subway lines.
For more information, please contact:
Mike Cleaver, Managing Director