$2,900,000 – Brooklyn, NY (Cobble Hill)

cobble hill bridge loan

In August 2016, Emerald Creek Capital provided a $2,900,000 commercial bridge loan that is secured by a first mortgage on a 2,700 square foot townhouse located in Cobble Hill, Brooklyn. The sponsor, a local experienced real estate developer, is using the funds to redevelop the property into a four-story, 4,998 square foot condominium building comprised two duplexes and one simplex.

Thank you for your feedback! Please don't hesitate to reach out to our team with any additional comments or questions.