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Mixed-Use

157 Rivington Street

$8,850,000
8850000
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.
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8850000
Multi-Family

East Harlem Portfolio

Available Individually Or As Portfolio
5000000
Raven Property Advisors has been exclusively retained to sell four multifamily properties in East Harlem. Offered as a package, or individually, the properties have a combined 32 units across 21,300 gross square feet. All properties are located within walking distance to the 6 train at East 116th Street, and the 4,5,6 trains at East 125th Street.
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5000000
Multi-Family

5-14 50th Avenue

$1,200,000
1200000
Raven Property Advisors has been exclusively retained to sell 5-14 50th Avenue, a 25-foot wide 6-unit, 3,750 SF walkup apartment building located in the Long Island City neighborhood of Queens. The property contains six (6) one-bedroom apartments and 5 out of the 6 apartments are rent-stabilized. The property is ideally located in the burgeoning Long Island City neighborhood, one block from the Vernon Boulevard/Jackson Avenue [7] train, the LIRR train station, and the Hunter’s Point waterfront.
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1200000
Multi-Family

18-12 Menahan Street

$3,000,000
3000000
Raven Property Advisors has been exclusively retained to sell 18-12 Menahan Street, a 40-foot wide 16-unit, 16,300 SF walkup apartment building located in the Ridgewood neighborhood of Queens. The property contains sixteen (16) apartments and is 100% rent-stabilized. There is a well balanced unit mix of 3BR and 2BR apartments, and is located within close proximity to the M Train at Seneca Avenue & L/M Trains at Myrtle-Wyckoff.
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3000000
Mixed-Use

1063-1065 Bedford Avenue

$7,500,000
7500000
1063-1065 Bedford Avenue is an 11,280 square foot, 40 foot wide, 4-story mixed-use building located between Lexington and Greene Avenues in Bedford-Stuyvesant, Brooklyn. The building contains 14 apartments and two retail stores, both of which are occupied, have rent escalations and real estate tax contributions. Located a short walk from the Bedford/Nostrand G train subway stop and along the main retail corridor of Bed-Stuy, the building is full renovated, well-maintained, and offers strong and financeable cashflow.
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7500000
Development

72 South 2nd Street

Under Contract
2200000
Raven Property Advisors has been exclusively retained to sell 72 South 2nd Street, located in Williamsburg, Brooklyn. Located two blocks from Domino Park, the property is a 25-foot wide, R6 zoned development site that is currently vacant land with approximately 4,500 buildable square feet. The site is ideal for a townhouse or single-family development. A full zoning analysis and initial rendering is available upon request, but all zoning information/buildable square footage should be independently verified.
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2200000
Multi-Family

25 Lexington Avenue

SOLD
20000000
25 Lexington Avenue is a 5-story free market luxury elevator multifamily building with 23 units located in Clinton Hill, Brooklyn. The property was converted in 2019 and features 2 elevators, common roof terrace, laundry room, tenant lounge and game room, and a fitness center. 8 of the 23 units have private outdoor space and 5 of the units have the ability to easily add an extra bedroom – each of these units already have an additional bathroom. Current rents average approximately $40/SF, which are between 10-20% below market, depending on the unit. The property is located on a quiet street with immediate walking distance to the C and G trains, Fulton Street retail corridor, and Fort Greene Park.
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20000000
Multi-Family

350 5th Street

Under Contract
3200000
350 5th Street is a 25-foot wide 8-unit, 6,300 SF walkup apartment building located in Park Slope, Brooklyn. The property contains four (4) free market apartments and four (4) rent stabilized apartments. The four free market apartments have been fully gut renovated with all new floors, appliances, kitchens and bathrooms and washer/dryers. The four RS units remain unrenovated. There is a full basement with high ceilings that is currently not being utilized and could be used to generate additional income through tenant storage or other building amenity. The property is located off 5th Avenue in prime Park Slope and is within immediate walking distance to the F/G and R trains and Prospect Park. It benefits from being in Protected Tax Class 2B, as well as be semi-detached and having full window light on the west side of the building.
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3200000
Multi-Family

340 Clifton Place

$16,000,000
16000000
340 Clifton Place, known as the Lafayette House, is a 15 unit free market apartment building. The building is fully turnkey with a complete renovation and subrehab of the entire building and apartments. The property offers assumable, fixed-rate, low interest rate financing, for an attractive in-place cash-on-cash return.
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16000000
Multi-Family

24-Unit Brooklyn Portfolio

$5,400,000
5400000
Raven Property Advisors has been exclusively retained to sell 2044, 2048, and 2405-2409 Nostrand Avenue in Brooklyn, NY. The subject properties are comprised of three walkup apartment buildings with a combined 24 residential units. 2044 and 2048 Nostrand Avenue are each three-story 6-unit apartment buildings, and 2405-2409 Nostrand Avenue is a three-story 12-unit apartment building. The buildings can be sold as a package or individually.
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5400000
Mixed-Use

115 Van Brunt Street

Under Contract
2250000
Raven Property Advisors has been exclusively retained to sell 115 Van Brunt Street, on the border of Carroll Gardens and Red Hook in the Columbia Street Waterfront District. The property is an approximately 4,800 gross square foot mixed-use building with six (6) residential apartments and one (1) commercial space. The apartments are all rent stabilized one-bedrooms, and the store is currently vacant. The property is built 20’ x 60’, and there is access to a backyard through the residential entrance.
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2250000
Mixed-Use

756 Union Street & 209 6th Avenue

SOLD
7950000
756 Union Street, aka 209 6th Avenue, in Park Slope, Brooklyn is an approximately 11,000 square foot corner with 133 feet of wrap around frontage, consisting of 12 total residential apartments and a ground floor grocery store, Union Market. Located on the corner of 6th Avenue and Union Street in Park Slope, the property has a total 7 free market apartments and 5 rent stabilized apartments with two separate entrances – one on 6th Avenue and one on Union Street. It is located within walking distance to Prospect Park, Barclay's Center, and the D, R, B, Q, 2 & 3 subway lines.
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7950000
Mixed-Use

5723 5th Avenue

SOLD
4500000
5723 5th Avenue is a 10,200 square foot, three-story mixed-use building with seven (7) apartments and two (2) commercial spaces located in Sunset Park, Brooklyn. The property is located two blocks from the 59th Street [N/R] subway station, and has over 125 feet of wrap around frontage. The building was fully renovated in 2015 and benefits from being in a protected 2A tax class.
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4500000
Multi-Family

1 South Oxford Street

SOLD
3250000
1 South Oxford Street is an 11-unit, 5-story walkup apartment building located on the corner of South Oxford Street and Dekalb Avenue. The building is uniquely situated directly across the street from Fort Greene Park and within walking distance to Long Island University Brooklyn, Pratt Institute, Barclays Center and Atlantic Terminal. The buildings provides immediate walking proximity to subway lines 2, 3, 4, 5, B, Q, R, C and G. The 5,500 square foot property has eleven rent stabilized apartments across five floors and is fully occupied, providing stable, long-term financeable cash floor at a strong basis.
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3250000
Mixed-Use

84 Hoyt Street

SOLD
2050000
84 Hoyt Street is a value-add mixed-use building with one commercial space and 3 residential apartments. The commercial space is currently leased to a deli/restaurant. All three apartments are rented below market and are in need of full gut renovation. The building is well located in Boerum Hill, Brooklyn, one block away from the A/C/G Subway line, on a block with other restaurants and considerable foot traffic.
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2050000
Mixed-Use

213-215 Union Street

SOLD
3600000
213-215 Union Street is a three-story, 37 foot wide mixed-use building with two fully renovated apartments and a ground floor restaurant. The property is exceptionally well located in Brooklyn’s Carroll Gardens neighborhood, an upscale and supply constrained enclave that maintains consistently high rents.
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3600000
Mixed-Use

1396-1410 Myrtle Avenue

SOLD
6200000
1396-1410 Myrtle Avenue is a 24,125 square foot commercial building containing 9 commercial units and 2 free market apartments across two contiguous tax lots. The property is fully leased and requires minimal management. Each tenant pays for their own heat and electric, and many tenants have real estate tax reimbursements. The combined buildings contain 300 feet of wrap around frontage on Myrtle and Greene Avenues.
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6200000
Mixed-Use

175 Smith Street

SOLD
2750000
175 Smith Street is a free-market mixed-use building with one commercial space and two renovated apartments. The property is located in prime Cobble Hill, Brooklyn, less than one block from the Bergen Street F/G subway station. Both apartments are fully renovated 2-bedroom, 1-bathroom units with new kitchens, bathrooms and washer/dryers, and the 2nd floor apartment has a large outdoor terrace. Each tenant pays for their own fuel and utilities, with individual hot water heaters and gas boilers, and the commercial tenant has individual PTAC units for heating and cooling.
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2750000
Mixed-Use

139 Tompkins Avenue

SOLD
2450000
139 Tompkins Avenue is a 5,800 square foot, vacant four-story mixed-use building located on Tompkins Avenue in Bed-Stuy. The property is currently configured as 7 apartments and 1 commercial unit. There is one residential apartment on the first floor, and two apartments per floor on floors 2-4.
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2450000

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