Saint John’s Place Portfolio

Address: 1365 St Johns Pl, Brooklyn, NY 11213, USA

Address: 565 St Johns Pl, Brooklyn, NY 11238, USA

Apartments | Low-Rise

Created date: September 18, 2023

Date last updated: September 18, 2023

Portfolio Description

The Saint John’s Place Portfolio is a collection of three buildings in Central and Western Crown Heights with a total of 28 residential units, of which only two are rent-regulated with under-market rent and all are in protected tax class 2B (tax-income ratio of ~5.5%). All of the buildings have been renovated within the past ten years and have upside by bringing the rents up to market. As part of the Central Brooklyn Portfolio, these three properties can be sold as a single package or along with up to 15 other buildings. DHCRs and building plans can be provided upon request, and management is open to staying on with a new buyer.

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Broker Details

Nathan Horne Nathan Horne

(706) 255-5657

Portfolio Key Information

Listing Status:	Available
Listing Type:	Highest & best offer
Multifamily type:	Apartments \| Low-Rise
Price:	$ 15,608,365
No. of Units:	28
Year Built:	1929
Building Size:	22790 Sq ft
Lot Size:	0 Acres
No. of Stories:	5
Opportunity Zone:	No
Price per unit:	$557,442