In March 2018, Emerald Creek Capital provided a $3,500,000 refinance in the Crown Heights neighborhood of Brooklyn, NY. The loan is secured by a recently renovated 8,086 square foot, four-story mixed-use building situated on a 2,367 square foot corner lot that benefits from 138 feet of frontage. The building is comprised of 6 three-bedroom residential units and 1 ground floor plus basement retail unit. The subject property is centrally located in Crown Heights, a vibrant neighborhood characterized by tree-lined streets, townhouses, and array of shops and restaurants. The subject property is accessible by the C, 2, 3, 4, and 5 subway lines and LIRR at Atlantic Terminal.
For more information, please contact:
Mike Cleaver, Managing Director