In January of 2015, Emerald Creek Capital provided a one year $4,080,000 bridge loan in the Cobble Hill neighborhood of Brooklyn, NY. On a 4,744 SF lot, the subject site is currently zoned R6A with a maximum FAR of 3. The site can be developed with a maximum floor area of 14,232 SF. Emerald Creek Capital’s expeditious lending process enable the sponsor to acquire this prime development site.
For more information, please contact:
Mike Cleaver, Managing Director