Emerald Creek Capital Provides $3.1M Loan For Condo In Brooklyn, NY

The property involved is a newly constructed 5,349 square foot condominium building located at 358 Douglass St, Brooklyn, NY, 11217. The loan amount provided by Emerald Creek Capital for this property is $3,100,000.00. The condominium building consists of 2 two-bedroom and 2 one-bedroom units, including a first-floor duplex with a rear yard. It is situated in the Park Slope neighborhood of Brooklyn, known for being one of the most desirable residential areas in the New York City region.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $3,100,000.00
• Market: Brooklyn
• Lender's Representative: Associate Director (Timbercreek Capital)
• Lender: Emerald Creek Capital

The key individual involved in this deal is Scott Steinel, an Associate at Emerald Creek Capital. He can be contacted at (646) 237-2568 or via email at [email protected]. The property's location provides convenient access to various subway lines, making it an attractive investment opportunity in the heart of Brooklyn.