Emerald Creek Capital Provides $19.5M Loan For Condo At 320 E 82nd St, New York

The property involved in this transaction is a luxury condominium building located at 320 E 82nd St, New York, NY, 10028. The asset consists of 18,351 square feet and features five 3-4 bedroom units along with a penthouse that includes a roof garden. The condominium, known as The Park Mansion, is a restored Pre-War European mansion that includes modern amenities and offers 3,000 square feet of outdoor space. It is situated in a desirable neighborhood within Manhattan, near Central Park and the East River, and is accessible via the 6 and Q train lines.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $19,500,000.00
• Lender: Emerald Creek Capital
• Lender's Representative: Managing Partner, Co-Founder of Emerald Creek Capital

This transaction involved the refinancing provided by Emerald Creek Capital, which has significant experience in the real estate market. The deal emphasizes the company's commitment to financing properties in prime locations like the Upper East Side of Manhattan, showcasing their expertise in handling luxury condominium assets.