In December of 2024, Emerald Creek Capital provided a $5,100,000 bridge loan in the Upper West Side neighborhood of New York, NY. The subject property consists of a 2,210 square-foot corner parcel with over 100 feet of frontage and 22,210 square feet of buildable area, currently improved with a 4-story building. The sponsor plans to redevelop the site into a mixed-use luxury condominium building with ground-floor retail. The Upper West Side is one of Manhattan’s most sought-after neighborhoods, blending historic charm with modern luxury. The area is known for its tree-lined streets, proximity to Central Park and Riverside Park, abundance of retail and dining options, and world-class cultural institutions. The subject property is easily accessible by the 1, 2, and 3 trains, in addition to multiple bus lines.
For more information, please contact us at info@emeraldcreekcapital.com