- Subject property is a fully vacant mixed-use building located on a very busy intersection of Myrtle Avenue & Cooper Avenue.
- Building is comprised of 1 commercial unit & 2 residential units.
- Property will need a full gut renovation since this has not been occupied for years.
- Price ~ $1,200,000
- Price Per Buildable Square Foot ~ $295.27
Investment Sales of Off Market Properties
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- Three story mixed-use building consisting of 2 residential units and 1 commercial unit in the Flatbush neighborhood of Brooklyn.
- Property will be delivered vacant.
- Property has 5,116 SF of unused FAR.
- Property is located near Cortelyou Road [Q] Train Station.
- Property is also located near Beverly Road [2,5] Train Station.
- Price ~ $1,500,000
- Price Per Square Foot ~ $416.67
- Price Per Buildable Square Foot ~ $172.26
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- Three story mixed-use building consisting of 2 residential units and 1 commercial unit in the Prospect Lefferts Gardens neighborhood of Brooklyn.
- The building is renovated and can be delivered vacant.
- T-Mobile is paying $4,000/month and can execute their 5-year option upon closing.
- The two renovated apartments, each consisting of 3 bedrooms, is paying $1,500/month.
- All tenants are month-to-month.
- Property is walking distance from Winthrop Street [2,5] Train Station.
- Price ~ $1,500,000
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- Brand new construction multi-family building consisting of 30 units in the Williamsbridge neighborhood of The Bronx.
- The building consists of 4 studios, 9 two-bedroom apartments and 17 one-bedroom apartments.
- The building is all electric. There is no gas or oil.
- Property is located near Gun Hill Road [2,5] Train Station.
- Price ~ $11,000,000
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- Three story multi-family building consisting of 4 units in the Bedford-Stuyvesant neighborhood of Brooklyn.
- Property is currently vacant.
- Property is located near Nostrand Avenue [A,C] Train Station.
- Pictures and videos available upon request
- Price ~ $1,800,000
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- Vacant lot in the Bushwick neighborhood of Brooklyn.
- The property is currently flat land and is ready for excavation, there is no need to demolish anything.
- Property has approved plans to build a 7-unit luxury 6,300 SF, four-story plus mezzanine building.
- Access agreement with the neighbor on the left was signed to get access for electric and water ready.
- Plans and lot is eligible for the tax abatement still as long as some concrete is poured before the end of 2022.
- Property is located near DeKalb Avenue [L] Train Station.
- Price ~ $1,500,000
- Price Per Buildable Square Foot ~ $247.12
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- Development opportunity consisting of 82,720 buildable square feet in the Kew Gardens neighborhood of Queens.
- Property has approved plans for 91 condos:
- 40 one-bedroom units
- 40 two-bedroom units
- 9 three-bedroom units
- 2 community facilities
- The owner is amending the plans for 125 units.
- Price ~ $16,000,000
- Price Per Buildable Square Foot ~ $193.42
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- 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
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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
