Emerald Creek Capital Provides $2.45M Loan For Retail Property In Bay Shore
New York
See Similar DealsEmerald Creek Capital Provides $2.45M Loan For Retail Property In Bay Shore
1746 Sunrise Hwy, Bay Shore, NY, 11...
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The property involved is a retail center located at 1746 Sunrise Hwy, Bay Shore, NY. The asset features 14,950 square feet of leasable area, divided into 7 retail units. The acquisition loan provided by Emerald Creek Capital amounted to $2,450,000.00. Situated on a 1.97-acre site, the center boasts 792 feet of frontage on Sunrise Highway, in the bustling market of Bay Shore.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $2,450,000.00
- Market: Bay Shore
- Lender's Representative: Senior Vice President (Emerald Creek Capital)
- Lender: Emerald Creek Capital
Emerald Creek Capital, the lending entity, facilitated the acquisition loan for the multi-tenant retail center in Bay Shore. Matt Fantuzzi, Vice President at Emerald Creek Capital, can be contacted for more information regarding the loan. Additionally, the property's proximity to Great South Bay and easy accessibility from Manhattan via public transportation enhances its investment appeal.
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