In April 2015, Emerald Creek Capital provided a $8,550,000 loan in the Tribeca neighborhood of New York, NY. Built on a 25 X 100 SF lot, the subject property is currently improved as a six-story, 11,300 SF mixed-use building currently undergoing a condo conversion. The completed product will be comprised of four residential loft condominiums and one retail condominium. The 3,126 SF duplex penthouse unit will contain three bedrooms, four bathrooms, and a 2,000 SF outdoor terrace. The site is located within two blocks of the 6, N, R, Q, J, & Z trains.
For more information, please contact:
Jeff Seidler, Managing Director