In November of 2024, Emerald Creek Capital provided a $4,000,000 acquisition loan in the SoHo neighborhood of New York, NY. The loan is secured by a 100% leased retail condominium located at the base of a luxury building. The subject property consists of ground floor and lower-level space divided into 4 units totaling 14,072 square feet of net rentable area with 140 feet of frontage. SoHo is a vibrant neighborhood known for its high-end retail, art galleries, and trendy boutiques, attracting locals and tourists alike. The area’s historic architecture and high foot traffic make it ideal for flagship stores and luxury brands, making it one of New York City’s top retail destinations. The subject property is accessible by the A, C, E, 1 and 2 subway lines.
For more information, please contact:
Matt Fantuzzi, Senior Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com
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