Units
6
Gross SQFT
5,175
NOI
$229,766
Property Type
Apartments
INVESTMENT HIGHLIGHTS
- Luxury Rentals: The entire building has been meticulously renovated with high-end finishes throughout.
- Unique Amenities: A beautifully built out and furnished basement lounge, shared garden space, and inbuilding laundry serve as enormously valuable differentiators for attracting and retaining tenants.
- Proper Layouts: Two central air shafts provide ample light and air to allow for proper 3-bedroom units with comfortable common living areas.
- Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
- Protected Tax Class: Tax Class 2A limits tax increase to no more than 8% per year or 30% over 5 years.
- Well-Located: Situated in a nicely balanced location, on a quiet picturesque residential block, but within minutes of retail, restaurants, art galleries, and nightlife.
- Proximity to Transportation: The L & M trains are just 4 blocks away at the Myrtle-Wyckoff station, with access to Williamsburg and Union Square within 20 minutes.
Broker of Record
- Cory Rosenthal
- License No. 10991237833(NY)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203