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Multifamily For Sale • 19,205 SF
| A well-maintained mixed-use property featuring ground-floor retail with strong visibility along Flatbush Ave, complemented by residential units above. |
| The asset benefits from high daily foot traffic and long-standing tenancy. |
| 11.8% Cap Rate | 4.6x GRM | $98K Price Per Unit | $118/SF |
| Positioned in two stable, transit-connected neighborhoods, Ocean Hill and Soundview |
| The assets provide geographic diversity and long-term renter demand |
| With average rents of $1,791 and all units stabilized, the portfolio delivers immediate income with value-add potential through cosmetic upgrades. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Melrose Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) | 5 min | - | 1.8 mi |
| Tremont Station (Harlem Line - Metro-North Commuter Railroad Company (Metro-North)) | 4 min | - | 2.2 mi |
| Transit/Subway | Drive | Walk | Distance |
| 174 Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) | 0 min | 3 min | 0.2 mi |
| Freeman Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) | 1 min | 9 min | 0.5 mi |
| West Farms Square-East Tremont Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) | 1 min | 13 min | 0.7 mi |
| Whitlock Avenue (6 - New York MTA Subway (The Subway)) | 3 min | 17 min | 0.9 mi |
| Elder Avenue (6 - New York MTA Subway (The Subway)) | 3 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 19 min | - | 8.7 mi |
| John F Kennedy International | 27 min | - | 18.2 mi |
| Newark Liberty International | 29 min | - | 24.3 mi |
Seth Glasser
Marcus & Millichap
Seth Glasser
Marcus & Millichap
