In April of 2022, Emerald Creek Capital provided a $5,000,000 bridge loan in the town of Eastchester, NY in southern Westchester County. The loan is secured by a mixed-use retail and office building with 15,500 square feet of net rentable area. The subject property is 100% occupied, anchored by Montefiore Medical Center which occupies 5,500 square feet of ground floor medical office space. There are 35 parking spaces on the 27,878 square foot corner lot, which has three frontages and great visibility. Eastchester is a highly desirable, affluent suburb of New York City with many restaurants, shops, parks, and highly rated schools. The subject property is located directly on State Highway Route 22, and is in close proximity to the Hutchinson and Bronx River Parkways. Walking distance from the subject property is the Crestwood Metro‐North train station which provides access to Grand Central Station in Midtown Manhattan.
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