Investment Property Realty Group (IPRG) is pleased to exclusively offer for sale 1270 New York Avenue, a newly constructed, 39-unit luxury multifamily property located in the thriving Flatbush neighborhood of Brooklyn, NY. Completed in 2020, the property spans approximately 24,289 square feet and represents a rare opportunity to acquire a stabilized, high-quality asset with a 35-year 421a tax abatement in place through 2055, significantly enhancing long-term investment returns through reduced operating expenses. This elevator building features spacious, modern apartments with sleek, high-end finishes tailored to today’s urban renter. Each unit includes large windows for excellent natural light, hardwood floors, stainless steel appliances, dishwashers, split heating and cooling systems, and fully tiled bathrooms with full-size bathtubs. These thoughtfully designed layouts deliver a high standard of living and strong rental appeal. The property offers a comprehensive amenity package designed to attract and retain tenants, including a fully equipped fitness center, shared rooftop deck with city views, virtual doorman system, and communal laundry facilities. Residents also benefit from 20 on-site parking spaces and private storage units, both available for an additional fee, presenting opportunities for ancillary income. The building is also pet-friendly, adding further tenant appeal. Strategically located between Clarendon Road and Avenue D, the property is within walking distance of the MTA 2 and 5 subway lines, providing direct access to Manhattan and greater Brooklyn. The surrounding neighborhood continues to experience strong residential demand, supported by a growing mix of restaurants, cafes, retail, and services that enhance quality of life and support strong occupancy levels. 1270 New York Avenue presents a compelling investment opportunity to acquire a turnkey, income-generating multifamily asset with long-term tax benefits in a high-growth Brooklyn sub-market. With its strong location, modern finishes, and stabilized operations, the property is well-positioned for both near-term cash flow and long-term value appreciation.