In August of 2023, Emerald Creek Capital provided a $2,650,000 acquisition loan in the Stuyvesant Heights neighborhood of Brooklyn, NY. The loan is secured by a four-story, 6,000 square-foot multifamily building with one two-bedroom unit and three three-bedroom units. The subject property sits on a prime corner in Stuyvesant Heights, a lively neighborhood known for its beautiful brownstone architecture and variety of cafes, shops, restaurants, and parks. The subject property is accessible by the A and C subway lines, and the Long Island Railroad at Nostrand Avenue.
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