In June of 2026, Emerald Creek Capital provided a $4,000,000 bridge loan in the West Chelsea neighborhood of New York, NY. The loan is secured by a fully-occupied, six-story loft warehouse building with 43,000 square feet of net rentable area, situated adjacent to the High Line. The subject property features 14-foot clear ceiling heights, two freight elevators, and an enclosed loading dock with dock-high loading. West Chelsea’s industrial zoning and large-format building stock support strong demand from warehouse, logistics, and distribution tenants seeking proximity to Midtown Manhattan and the West Side Highway. The subject property benefits from excellent transit access, including the 1 train at 28th Street, the C and E trains at 23rd Street, and Pennsylvania Station four blocks to the north, providing connections to the Long Island Rail Road, New Jersey Transit, and Amtrak.
For more information, please contact:
Matt Fantuzzi, Senior Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com
Check out our interactive map for a comprehensive look at our nationwide lending activity.