210 Clarkson Owner LLC obtained financing of $13M from Emerald Creek Capital

210 Clarkson Owner LLC as borrower signed a loan agreement with lender Emerald Creek Capital 3, LLC valued at $13.2 million for 1 parcel, including the tax class two-story or store and office (K2) at 218 Clarkson Avenue in Flatbush. The deal closed on August 13, 2019 and was recorded on August 20, 2019.
The property contains a total of 92,880 square feet of built space. The property has 49,680 square feet of available development rights.
The average loan per buildable square foot is $142.
The last time the property sold was November 26, 2008, for $4,950,000.
The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on May 01, 2013.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link