The Brennan Team of Marcus and Millichap completed the sale of a corner four-story walk-up building comprised of 35 apartments in the Bensonhurst neighborhood of Brooklyn. The subject property was built in 1921 and measures 100 feet wide by 90 feet deep, on a 100 x 100 lot. The property is zoned R5. This investment opportunity is for an experienced investor who understands how to operate a New York City rent-stabilized apartment building and sees long-term upside with this particular type of real estate. The subject property is located 2 blocks from the 20th Avenue “D” Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Property Highlights

• 35 Unit Apartment Building In Bensonhurst
• 1 Studio, 16 One-Beds, 15 Two Beds and 3 Three-Bed Apartments
• 2 Blocks to the 20th Avenue “D” Train
• Substantial Future Upside for a Long-Term Rent-Stabilized Investor
• Roof in Good Condition