In August of 2023, Emerald Creek Capital provided a $2,600,000 acquisition loan in the Crown Heights neighborhood of Brooklyn, NY. The loan is secured by a four-story, 4,860-square-foot multifamily building containing 4 units. Crown Heights is a neighborhood in the heart of Brooklyn known for its rich history, cultural diversity, and lively atmosphere. Characterized by tree-lined streets and brownstones, Crown Heights is home to local shops and restaurants, and notable attractions including the Brooklyn Museum and Brooklyn Botanic Garden. The subject property is one block from the S train and in close proximity to the 2, 3, 4, and 5 trains.
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