140 7th Avenue
140 7th Avenue, located in Park Slope, Brooklyn, is an approximately 3,547 square foot commercial building with a total of 8,445 buildable square feet. A 25.33’ x 111’ lot, zoned R6A / C1-4, the property is poised for a mixed-use redevelopment located on one of the most prime retail and residential corridors in Brooklyn. The property benefits from being within immediate walking distance to express subway transportation, Prospect Park, and is located on the major retail corridor within Park Slope.VIEW DETAILS
2904 Atlantic Avenue
2904 Atlantic Avenue is a 15-unit, 9,000 SF corner mixed-use building located in the East New York neighborhood of Brooklyn. The property contains fourteen (14) rent stabilized apartments, a seafood market leased through 2036 with annual increases, and a billboard. The property is conveniently situated a few blocks away (4 min walk) to the J Train and the M Train at Cleveland Street. There are approximately $30,000 of yearly preferential rents throughout the 14 apartments, and the property has an additional 6,604 square feet of air rights. Offered at a true 6% cap rate, the property offers stable and financeable cash flow.
157 Rivington Street
157 Rivington Street, located in the Lower East Side of Manhattan, is an approximately 8,240 square foot, 28-foot wide, 5-story walkup mixed-use building containing 18 apartments and 2 retail stores. 15 of the 18 apartments (83.3%) are free market and have been renovated. The property is very well maintained, but presents significant upside in the existing rents through both a mark-to-market of existing rents and basic cosmetic upgrades to the units and common areas. Four (4) of the apartments have private outdoor space, and all 15 free market units have an in-unit washer/dryer. The building is located in prime Lower East Side between Suffolk and Clinton Streets and is walking distance to the Delancey & Essex Street [A, C, F, M, J, Z] trains, the Essex Market, and is in the middle of one of the most vibrant neighborhoods in the entire city.VIEW DETAILS