In September of 2018, Emerald Creek Capital provided a $3,000,000 refinance in the Midwood neighborhood of Brooklyn, NY. The loan is secured by the subject property, a two-story mixed-use building with 10,800 square feet of gross buildable area. The building is currently occupied by a popular home-goods and appliance store on the ground level, and the second floor is comprised of office suites ranging from 100 to 380 square feet. The subject benefits from a prime retail location on Coney Island Avenue, a well-trafficked commercial corridor that runs parallel to Ocean Parkway. The subject property is easily accessible to Manhattan by the Q, B, and F subway lines.
For more information, please contact:
Mike Cleaver, Managing Director