Bushwick 36
Brooklyn, New York
Portfolio
Stats
- Property Type Multifamily - Mid-Rise
- Portfolio Size (SF) 27,525
- Portfolio Price $8,630,000
Overview
Avison Young has been exclusively retained by the Ownership to facilitate the sale of a portfolio comprising six (6) multifamily tax class 2A buildings situated in Bushwick, Brooklyn, and Ridgewood, Queens. The designated properties consist of 124 Linden Street, 220 Suydam Street, 241 Himrod Street, 258 Himrod Street, and 842 Hart Street (referred to as the “Properties”).
Highlights
100% Tax Class Protected (2A)
47% Free Market (FM)
Thirty-six (36) residential units distributed across six (6) 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
