$51,000,000 – New York, NY (Financial District)

In June of 2023, Emerald Creek Capital provided a $51,000,000 condominium inventory loan in the Financial District of New York, NY. The loan is secured by 18 residential units and 4 commercial units within a newly constructed 23-story luxury tower. With a combined saleable area of 35,646 square feet, the residential units range from 1 to 3 bedrooms plus two penthouse units which are 4 and 5 bedrooms. The residences feature floor-to-ceiling windows, and high-end finishes and fixtures. Building amenities include a 24-hour doorman, indoor/outdoor fitness center, lounge and entertaining areas, co-working spaces, and a rooftop garden with panoramic views of Lower Manhattan. The commercial units include one 3,652-square-foot retail space on the ground floor and three full-floor offices with a combined area of 12,969 square feet. The subject property has a prominent location adjacent to City Hall Park, and is accessible by the 4, 5, 6, 2, 3, A, C, J and Z trains.

 

For more information, please contact:

Matt Fantuzzi, Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

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