Prospect Heights | 55-unit Multifamily
• Newly constructed 8-story multifamily with a total of 55 apartments and 22 parking spaces
• New 35-year Affordable NY Tax Abatement 70% Free-Market / 30% Affordable
• Building amenities include: Elevator, Bike Room, Gym, Laundry in Building, Package Room, Parking Available, and Virtual Doorman
• Assumable loan: $22M at 6.5% I/O 5 years
• The property is located at the intersection of Crown Heights, Prospect Heights, and Prospect Lefferts Gardens in Brooklyn, near shopping, dining and entertainment options
• Within walking distance to the President Street Station
• Serious inquires ONLY: Offers with unrealistic terms will be ignored.
Key Property Information
| Listing Status: | Available |
|---|---|
| Property Types: | Apartment Buildings |
| Price: | $28,500,000 |
| No. of Units: | 55 |
| Cap Rate: | 6.5% |
| Building Size: | 41,569 Sq ft |
| Lot Size: | 0.20 Acres |
| No. of Stories: | 8 |
| Opportunity Zone: | No |
| Price per unit: | $518,182 |
| Parking Spaces: | 22 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Lev Mavashev | (212) 658-0979 | [email protected] |
| Dasha Dadobaeva | (212) 658-0870 | [email protected] |
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