Williamsburg Portfolio

Brooklyn, New York

Download Offering Memorandum

Building

Overview

Avison Young, as the exclusive agent, is pleased to offer for sale a three-building multifamily package located on the border of Williamsburg and East Williamsburg. The properties include 484 Humboldt Street, 65 Maspeth Avenue, and 64-68 Maspeth Avenue (the “Properties”), and they are being offered individually or as a package.

Highlights

Three buildings totaling 71 units across ~69,000 SF

New Construction and Newly Renovated Portfolio

Attractive Assumable Debt
Strong In-Place Cash Flow with Additional Value Add

Turn-Key Assets with No Deferred Cap-Ex

Two Expiring 421-A Abatements & One Fully Free-Market Asset

Team

Fritz Richter

Director
Avison Young - US - NY - New York
212 735 8554

Brandon Polakoff

Principal, Executive Director of Tri-State Investment Sales
Avison Young - US - NY - New York
212 230 5998

Patrick Madigan

Director
Avison Young - US - NY - New York
212 729 1623

Joseph Moran

Associate Director
Avison Young - US - NY - New York
917 842 6051

Miles Davis-Bosch

Senior Associate
Avison Young
212 277 5557