347-762-4055
109 Winthrop St, Brooklyn, NY for Sale
Apartments - FOR SALE
1/10
null | Request Cap Rate

109 Winthrop St
Brooklyn, NY 11225
Prospect Lefferts Gardens


HIGHLIGHTS

  • New construction mixed-use asset.
  • Modern 5-story, elevator building approximately 11,915 SF with high-quality finishes contemporary layouts, and minimal maintenance requirements.
  • Eight residential units and a community facility currently occupied by a daycare facility.
  • Contains approximately 7,971 square feet of residential space and 3,083 square feet of community facility space.
  • Benefits from a 421-a tax exemption with 8 years remaining on the residential component and a community facility ICAP with 19 years remaining.
  • Prime location between Bedford and Rogers Avenues, within walking distance of Prospect Park Station (B, Q, S) is approximately a 13-minute walk away.

OVERVIEW

Asset CRG Advisors has been exclusively retained to market 109 Winthrop Street, a modern mixed-use property located in Prospect-Lefferts Gardens, Brooklyn. Completed in 2018, the five-story building offers approximately 11,915 square feet and combines eight residential apartments with a community facility component currently occupied by a daycare operator. The property’s recent construction, established tenancy and remaining 421-a tax benefits create an attractive opportunity for investors seeking a well-positioned Brooklyn asset with longterm income potential. Situated between Bedford and Rogers Avenues, the property is surrounded by neighborhood retail, dining, schools and community amenities. The Prospect Park subway station, providing access to the B, Q and S lines, is approximately a 13-minute walk away. Sale Price: Upon Request

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

9

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-use Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,438 SF

ZONING

R6

APN/PARCEL ID

05046-7501

ASK ABOUT THIS PROPERTY

Sadya LiberowAsset CRG Advisors LLCMore Info
347-762-4055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Sadya LiberowAsset CRG Advisors LLCMore Info
347-762-4055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.