$8,500,000– New York, NY (Flatiron District)

 

In August of 2017, Emerald Creek Capital provided an $8,500,000 bridge loan for the acquisition of a 2,451 square foot three-bedroom condominium in the Flatiron District of Manhattan. Additional collateral to secure the loan includes a 1,407 square foot three-bedroom condominium in Flatiron, an 871 square foot one-bedroom in Murray Hill, and a 500 square foot studio in Midtown. The purchased unit is located in an iconic and prime residential location one block from the Flatiron Building and Madison Square Park, and several blocks from Union Square. Situated within a newly developed 65-story tower, the unit features spacious rooms, sweeping skyline views, and benefits from immediate access to the 6, R, and W subway lines.

 

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