366-368 Leonard Street

Brooklyn, New York

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Building

Stats

  • Building size (SF) 18,200
  • Price $14,950,000

Overview

Avison Young is pleased to present an opportunity to acquire 366 & 368 Leonard Street (the “Properties”), two exquisite side by side 4-story new construction multifamily buildings with a combine 50’ of frontage located on the east side of Leonard Street between Meeker Avenue and Withers Street in Williamsburg, Brooklyn. The combined properties consist of twenty (20) Free Market residential units. Units include washer/dryer in-unit, split systems for heating and cooling, stainless steel appliances and other high end finishes throughout. The building’s amenity package also includes an expansive shared private roof deck along with a gated dog run in the rear of the property. The two buildings are each 10 units and carry a tax class 2B designation.

Highlights

Two 4-story properties totaling 18,200 gross square feet

100% free market allowing for uncapped rent growth

Fully leased, cash flowing asset
50’ of frontage along Leonard Street

Multiple spacious apartment configurations

Individual metered apartments with passthrough utilities

Location Map

Team

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

Fritz Richter

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

Miles Davis-Bosch

Senior Associate
Avison Young
212 277 5557