- Two new construction building consisting of 8 units each in East New York.
- Properties have a 35-year tax abatements.
- Property is vacant with a very desirable configuration. 14 apartments are 2 bed/1 bath and 2 apartments are 1 bed/1 bath.
- Properties have a combined building area of 12,586 SF with a 3,146 SF cellar.
- Properties are walking distance from Pennsylvania Avenue [3] Train Station.
- Price ~ $5,750,000
Sheffield Avenue Brooklyn, NY 11207
$5,750,000.00
Details
- Two new construction building consisting of 8 units each in East New York.
- Properties have a 35-year tax abatements.
- Property is vacant with a very desirable configuration. 14 apartments are 2 bed/1 bath and 2 apartments are 1 bed/1 bath.
- Properties have a combined building area of 12,586 SF with a 3,146 SF cellar.
- Properties are walking distance from Pennsylvania Avenue [3] Train Station.
- Price ~ $5,750,000
Additional Information
| Asset Type | Multifamily |
|---|---|
| City | Brooklyn |
| Neighborhood | East New York |
| Broker | Elli Khafizov |
| Price | $5,750,000 |
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Property is currently 100% leased
Strong retail corridor with heavy foot and car traffic on both sides of the streets
All tenants have 3% annual rental increases -
Development Opportunity on Wyse Avenue, Bronx.
- Walking distance from P.S. 211
- Walking distance from Tremont Park
- Property is located near Cross Bronx Expressway
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Total Built: 51,000 SF. Total Buildable: 105.144 SF. Tenants pay for their own utilities and gas. Property is near major highways and roads and multiple local & express buses. Property is walking distance to the 7 train
