Address: 109 Winthrop St, Brooklyn, NY 11225, USA
- New-construction mixed-use building in Prospect-Lefferts Gardens, Brooklyn.
- Built in 2018, the five-story property contains approximately 11,915 square feet.
- The building includes eight residential units and two community facility units, currently combined and operated as one daycare facility.
- Zoned R6, the property contains approximately 7,971 square feet of residential space and 3,083 square feet of community facility space.
- Benefits from a 421-a tax exemption, with approximately 18 years remaining for the residential portion and 19 years remaining for the community facility portion.
- Located approximately a 13-minute walk from the Prospect Park subway station, providing access to the B, Q and S lines.
Property Description
Asset CRG Advisors has been exclusively retained to market 109 Winthrop Street, a modern mixed-use property located in Prospect-Lefferts Gardens, Brooklyn.
Completed in 2018, the five-story building offers approximately 11,915 square feet and combines eight residential apartments with a community facility component currently occupied by a daycare operator. The property’s recent construction, established tenancy and remaining 421-a tax benefits create an attractive opportunity for investors seeking a well-positioned Brooklyn asset with long-term income potential.
Situated between Bedford and Rogers Avenues, the property is surrounded by neighborhood retail, dining, schools and community amenities. The Prospect Park subway station, providing access to the B, Q and S lines, is approximately a 13-minute walk away.