In September 2015, Emerald Creek Capital provided a $2,550,000 acquisition loan secured by 5,600 SF development site in the Flushing neighborhood of Queens, NY. The location is within walking distance of both the Main Street LIRR station and the Main Street 7 train station. The site can be developed with a maximum residential floor area of 16,750 SF. Emerald Creek Capital’s expeditious lending process enabled the sponsor to acquire the site at an attractive basis.
For more information, please contact:
Mike Cleaver, Director