In April 2015, Emerald Creek Capital provided a $2,950,000 loan in the Park Slope neighborhood of Brooklyn, NY. Built on a 31 X 105 SF lot, the subject property is currently improved by a 4-story, 8,407 SF rental apartment building. Located within one of Brooklyn’s most desirable neighborhoods, the subject property benefits from close proximity to Prospect Park and is located within two blocks of the D, N, & R trains. Emerald Creek Capital’s expeditious financing enabled the borrower to acquire the property at an attractive price. Emerald Creek also allocated for the renovation of the property.
For more information, please contact:
Mark Bahiri, Managing Partner, Co-Founder