- The subject property is a development site with DOB approved plans for an 18-unit, six-story multifamily building.
- Total approved buildable is 17,429 SF.
- Site is demolished.
- The layouts will be comprised of 5 Studios, 8 (1) Bedroom, and 5 (2) Bedrooms.
- Amenities include a spacious rooftop terrace, 543+ square feet recreation space, 9 surface parking spaces (in the rear), and basement bicycle storage spaces.
- Site is in a prime location: 3-5 min walk to Fordham university, Little Italy, Macy’s, Best Buy, Burlington Factory, and the shopping strip/commercial corridor on Fordham Road.
- Price ~ $1,400,000
- Price Per Buildable Square Foot ~ $80.33
Investment Sales of Off Market Properties
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- Three story mixed-use building consisting of 2 commercial units and 1 residential unit in the Midwood neighborhood of Brooklyn.
- Property will be delivered vacant.
- The commercial office underwent recent renovation.
- Property is located near Flatbush Avenue – Brooklyn College [5] Train Station.
- Price ~ $1,300,000
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- Four story mixed-use building consisting of 2 apartments, 1 office, and 1 store in the Bedford-Stuyvesant neighborhood of Brooklyn.
- Each apartment is railroad and consists of four bedrooms.
- Building will be delivered vacant with additional air rights.
- Property is walking distance from Franklin Avenue [C,S] Train Station.
- Property is also located near Nostrand Avenue [A,C] Train Station.
- Price ~ $2,500,000
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- Three story multi-family building consisting of 6 units in the Crown Heights.
- Building is fully occupied.
- Apartment 6 is renovated and tenant helps maintain building. Can potentially be delivered vacant.
- Property is located near Crown Heights – Utica Avenue [3,4,5] Train Station.
- Price ~ $1,400,000
- Cap Rate ~ 6.01%
- GRM ~ 11.97
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- Five story mixed-use building consisting of 3 residential units & 2 commercial Floors in the Central Midtown neighborhood of Manhattan.
- Property will be delivered vacant.
- Property is across the street from 47-50 Street Rockefeller Center [E,B,D,F,M] Train Station.
- Price ~ $13,500,000
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- Four story multi-family building consisting of 8 units in the Flatbush neighborhood of Brooklyn.
- All units are rent stabilized.
- Property is located near Newkirk Avenue [2,5] Train Station.
- Price ~ $2,000,000
- Projected Cap Rate ~ 5.5%
- GRM ~ 12.9
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- Two story mixed-use building consisting of one commercial unit and one residential unit in the Crown Heights neighborhood of Brooklyn.
- The store pays $3,000/month and the lease expires in December 2022.
- The unit on the second floor is a vacant 3-bedroom apartment.
- Property is located near Franklin Avenue – Medgar Evers College [2,3,4,5] Train Station.
- Price ~ $1,500,000
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- Subject property is a two-story mixed-use building comprised of one 3-bedroom apartment and one commercial unit.
- Property is fully vacant and has great commercial leasing potential.
- Located on Rockaway Boulevard, this has heavy vehicle traffic and is minutes away from JFK Airport.
- Price ~ $625,000
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- Subject property is a corner mixed-use building consisting of 3 commercial units and 2 residential units.
- Property has great exposure and is located on a very busy intersection of Jamaica Avenue & 217th Street with the LIRR being right across the street.
- Property has approximately 2,840 SF of unused square footage and another floor can be added on in the future.
- Price ~ $1,500,000
- Cap Rate ~ 5.7%
- GRM ~ 12.91
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- Development opportunity consisting of 100,800 buildable square feet in the Midwood neighborhood of Brooklyn.
- Property is a 20,067 SF single-story commercial building with 3 retail units.
- Property will be delivered vacant.
- The property is conveniently located between Avenue I & Avenue J.
- Property is close to buses, shops, restaurants, post offices, pharmacies, supermarkets, Urgent Care & more.
- Price ~ $24,000,000
- Price Per Buildable Square Foot ~ $238.09
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- Development opportunity on the corner of Church Avenue & Rogers Avenue in Flatbush, Brooklyn.
- Property will be delivered vacant.
- Permits were filed for a six-story mixed-use. with 22,858 square feet, 11,271 square feet designated for residential space, 4,100 square feet for community facility space, & 1,492 square feet for commercial space.
- Property is two blocks away from Church Avenue [2,5] Train Station.
- Price ~ $1,900,000
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- Multi-family property in the Flushing neighborhood of Queens.
- Property has approved plans for a 3-family building.
- The approved plans consist of three units:
- 3 Bedrooms & 2 Bathrooms
- 2 Bedrooms & 2 Bathrooms
- 2 Bedrooms & 1 Bathroom
- Only the basement was demolished, and the extension was done.
- Price ~ $1,100,000
