In October of 2018, Emerald Creek Capital provided a $4,900,000 loan to refinance three mixed-use buildings in the Sunset Park neighborhood of Brooklyn, NY. The three buildings are fully stabilized and encompass a total of 18,500 square feet of gross building area. Each building is configured as four stories plus a basement, with ground-floor retail space and 6 three-bedroom apartments on the upper floors. The subject properties are located on 5th Avenue, a prime commercial and residential corridor in Sunset Park, and are within walking distance of the N and R subway lines with access to Manhattan.
For more information, please contact:
Mike Cleaver, Managing Director