271 Martense St
- Newly constructed 8-family building in Flatbush, Brooklyn.
- Property was converted from a 2-family into a five-story building consisting of 8 residential units.
- All units are 100% free market.
- Fully occupied and located in a strong residential corridor with stable tenancy.
- Classified under Tax Class 2B, offering tax protection benefits.
- Two blocks from Church Avenue [2,5] Subway Station and near B35, B41, and B44-SBS bus lines.
- Near major retailers including Target, Walgreens, Dunkin’, McDonald’s, and Five Below.
Property Description
Asset CRG Advisors is pleased to present a modern multifamily investment opportunity in the Flatbush neighborhood of Brooklyn. This recently completed 8-unit building blends quality construction with reliable cash flow, supported by 100% free-market tenancies. Designed for long-term durability, the property offers a contemporary living experience that appeals to the area’s strong rental demand. Located in a well-established residential corridor, the asset provides convenient access to the Church Avenue [2,5] Subway Station and major bus routes, ensuring excellent connectivity throughout Brooklyn and Manhattan. The surrounding area continues to experience steady growth, with national retailers, dining options, and community amenities contributing to its enduring investment stability.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,500,000 |
| No. of Units: | 8 |
| Opportunity Zone: | No |
| Price per unit: | $437,500 |
| Property Website | Click Here |
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