In January of 2022, Emerald Creek Capital provided a $4,500,000 bridge loan in the West Village neighborhood of New York, NY. The loan is secured by a fully occupied, five-story mixed-use building with 9,369 square feet of gross buildable area. The building consists of four luxury apartments featuring a unit mix of three full-floor 2-bedroom units and one 3‐bedroom penthouse duplex unit. Each spacious residence is complete with 10-foot ceilings, floor-to-ceiling windows, and custom kitchens and baths with premium finishes. On the ground floor, the subject property also contains a 1,112 square foot corner retail unit currently occupied by a restaurant. Home to universities, public parks, and art galleries, the “Village” is one of the most desirable residential neighborhoods in Manhattan. Located just a few blocks from the Hudson River waterfront, the subject property benefits from access to the 1, 2, 3, A, C, E, B, D, F, M, L, and Path trains.
For more information, please contact:
Jeff Seidler, Managing Director
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