• 48 units across 52,543 SF in Prime Prospect Heights located on the north side of Lincoln Place between Washington and Underhill Avenues
• Four contiguous walk-up buildings offering efficiency in maintenance and management costs
• Great rental growth and opportunity from 50% of the units being Free Market
• Three of four buildings in the portfolio are tax class 2B offering protection from future tax increases
• Immaculately maintained buildings with recently renovated units with luxury finishes and amenities
• Convenient transportation options as the properties are located one block from the Eastern Pkwy – Brooklyn Museum 2&3 trains
• Located just steps from the Brooklyn Museum, Brooklyn Library, Botanic Gardens, Prospect Park, Grand Army Plaza and the busiest retail corridors in Prospect Heights
Listing Status: | Available |
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Property Types: | Apartment Buildings |
Price: | $18,500,000 |
No. of Units: | 48 |
Cap Rate: | 6.02% |
Building Size: | 52,543 Sq ft |
Lot Size: | 15,800.00 Sq ft |
Opportunity Zone: | No |
Price per unit: | $385,417 |
California | May 17, 2024
California | May 17, 2024
Chicago & Midwest | May 17, 2024
CBRE | Nevada
Marcus & Millichap
Avison Young - US - NY - New York
GREA
California
North Carolina
California