Elevatored Multifamily For Sale

Highlights:

• Desirable Location: Located on Linden Boulevard between Bedford & Rogers Avenues, on the border of Prospect Lefferts Garden and Flatbush, Brooklyn
• High-End Finishes: Units are outfitted with stainless steel appliances, central A/C, stone countertops, private balconies and large open living spaces.
• Building Amenities: Common areas include laundry in-building, a game room, roof access, and parking
• Low-Maintenance: Building was constructed in 2017 and is fully occupied, translating to minimal up-front management required
• Tax Abatement: Property benefits from a 421a tax abatement (in year 4 of 35), with a current annual tax bill of just $3,993
• Path to Fully Free-Market: Units are rent stabilized under the 421a tax abatement - these can be destabilized upon tenant turnover after abatement expiration
• • Public Transportation: Within blocks of the 2 & 5 trains at Church Avenue and the Q train at Parkside Avenue with direct access to Downtown Brooklyn & Union Square
• • Retail Accessibility: Close proximity to numerous retail options along Church and Flatbush Avenues, including Target, Key Foods, CityMD, Chase, CVS, etc

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