Bushwick 30
Brooklyn, New York
Portfolio
Stats
- Portfolio Size (SF) 23,175 SF
- Portfolio Price $8,160,000
- Total Units 30
- Number of Buildings 5
Overview
Avison Young has been exclusively engaged by Ownership to arrange the sale of a portfolio of five (5) multifamily tax class 2A buildings in Bushwick Brooklyn and Ridgewood Queens. The properties include 1734 Bleeker Street, 124 Linden Street, 220 Suydam Street, 241 Himrod Street, 842 Hart Street (the “Properties”).
Highlights
100% Tax Class Protected (2A)
72% Free Market (FM)
Thirty (06) residential units broken out into five (5) family buildings
Fully leased, cash-flowing assets
Potential for short-term upside in the Free Market units
Minimal deferred maintenance
Properties in close proximity, allowing for efficient management operations
