facebook
Traded Co logo
Submit

Emerald Creek Capital Lends $2M For Mixed-Use Property In Greenwich Village

Property Image
FINANCED
$2,000,000

New York

See Similar Deals
Mixed-use
the dealplayerscompscontact
Property Image
FINANCED

Emerald Creek Capital Lends $2M For Mixed-Use Property In Greenwich Village

490 Laguardia Pl, New York, NY, 10012

See Similar Deals
Mixed-use
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan

The property involved in the transaction is a four-story mixed-use building located at 490 Laguardia Pl, New York, NY, 10012. The loan amount provided by Lender Emerald Creek Capital was $2,000,000. The building sits on a 1,838 square foot corner lot and has a total gross building area of 7,350 square feet. Comprising five residential units and one retail unit on the ground floor, this property is situated in the bustling Greenwich Village neighborhood, known for its eclectic charm and central location in Manhattan.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,000,000.00
  • Market: New York
  • Lender's Representative: Associate Director (Timbercreek Capital)

The key individual in this deal is Scott Steinel, Senior Associate at Emerald Creek Capital. Responsible for facilitating the refinance, Steinel can be reached at (646) 237-2568 or [email protected]. The subject property benefits from a prime location with frontage on West Houston Street in Greenwich Village, offering easy accessibility via multiple subway lines in the area.

Players

Scott Steinel
4 deals$12.2M volume(646) 874-2410
BROKER

Emerald Creek Capital
LENDER

Details

FINANCED
IMAGE: 490 Laguardia Pl, New York, NY, 10012 MARKET: New York ASSET TYPE: Mixed-use LENDER'S REP: Associate Director(Timbercreek Capital) LENDER: Emerald Creek Capital LOAN AMOUNT: $2,000,000.00

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,000,000.00

Monthly NOI$13,333.33
Monthly Debt Service$12,641.36
Change in Cash Flow$0.00
Refinance Proceeds$0.00