Emerald Creek Capital Provides $6M Loan For Property At 207 5th Ave, Brooklyn

Located at 207 5th Ave, Brooklyn, NY, 11215, the property is a 5,559 square foot retail building on a 4,509 square foot corner lot in the Park Slope neighborhood. The acquisition loan provided by Emerald Creek Capital amounted to $6,000,000.00. The borrower intends to expand the structure to utilize the approximately 8,000 square feet of air rights.

Summary of transation details:

• Property Type: Retail Building
• Transaction Amount: $6,000,000.00
• Market: Brooklyn
• Lender: Emerald Creek Capital

The loan at 207 5th Ave, Brooklyn, NY, was facilitated by the Senior Vice President of Emerald Creek Capital. The property is situated in a sought-after retail and residential neighborhood near Prospect Park, with convenient access to the R and W subway lines. For further inquiries regarding this transaction, reach out to Mike Cleaver, Managing Director, at (212) 239-6845.