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- Description: Single Story Multi-Family Property in the heart of East New York, Brooklyn
- Neighborhood: East New York
- Lot Size: 3,600 SF (60′ x 60′)
- Building Size: 3,400 SF (60′ x 60′)
- Zoning: R5
- F.A.R (As Built): 1.25 (0.94)
- Total Buildable: 4,500 SF +/-
- Cross Streets: Berriman St & Shepherd Ave
- Year Built: 1929
- Asking Price: $899,000
- Projected Cap Rate: 10.34%
- Projected GRM: 7.4
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- Description: Vacant land with development opportunity in Prime Crown Heights, Brooklyn
- Neighborhood: Crown Heights
- Lot Size: 1,779 SF (25.42′ x 70′)
- Zoning: M1-1
- F.A.R: 1 (0.17)
- Total Buildable: 1,779 SF +/-
- Cross Streets: Pacific Street & Atlantic Avenue
- Asking Price: $750,000
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Asset Commercial Realty Group (“AssetCRG”) represented the landlord exclusively and procured Children of America (“COA”) to occupy the entire 2nd floor and partial ground, taking approximately 11,000 SF. Children of America is a national daycare committed to providing a safe, developmentally appropriate environment for infants through elementary children. With their qualified teachers and proprietary curriculum, COA provides children with an unsurpassed learning experience. AssetCRG has successfully completed multiple deals with COA throughout Metro New York and continues to bring value-add opportunities to landlords alike.