Bushwick 36

Brooklyn, New York

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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

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

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