In October of 2019, Emerald Creek Capital provided a $6,000,000 refinance in the town of East Hampton on the South Shore of Long Island. The loan is secured by a three-story, 10,948 square foot retail property with 25 feet of frontage. The subject property is currently occupied by a high-end retailer, and benefits from its location on a premier shopping corridor in the town’s central business and entertainment district. The village of East Hampton is a picturesque seaside community known for upscale homes, top-rated restaurants and shops, and pristine white sand beaches. Offering a sophisticated, relaxed ambiance as well as a vibrant nightlife scene, East Hampton appeals to residents and tourists year-round. The subject property is easily accessible by the Long Island Rail Road and Montauk Highway.
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