In March of 2025, Emerald Creek Capital provided a $7,500,000 bridge loan in the Bushwick neighborhood of Brooklyn, NY. The loan is secured by two adjoining mixed-use apartment buildings with a combined gross building area of 17,329 square feet. The subject property has 20 high-end residential units above ground-floor office space and is 100% occupied. The apartments feature high ceilings, hardwood floors, private balconies, and stainless-steel appliances. Building amenities include bike storage, a shared roof deck, and a lounge. Bushwick is a vibrant residential area neighboring Williamsburg that is popular among young professionals and artists. Art studios and galleries are scattered throughout the neighborhood alongside a multitude of parks, shops, and restaurants. The subject property is well-connected to public transportation including the J, Z, L, and M subway lines.
For more information, please contact:
Matt Fantuzzi, Senior Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com
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