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180 Scholes St
Brooklyn, NY 11206 Williamsburg

$20,300,000 USD

Apartments For Sale • 52,500 SF

Property Details

Property Type Apartments
Total Building Size 52,500 SF
Lot Size 0.14 AC
Building Class B
Year Built 2009
Zoning R6

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                New Construction Multi-family building for sale in Greenpoint 
                            
                                All 34 units become immediately eligible for deregulated market-rate leasing on July 1, 2027
                            
                                The current blended residential rent of $3,916/month per unit is projected to grow to $5,513/month at market, representing $57,600/month
                            
                                Outside the Geographic Exclusion Area — zero affordable units required. Not subject to Good Cause eviction
                            
                                Assumable non-recourse Fannie Mae DUS loan at 3.15% — ~$14M outstanding through 2035

Property Flyers

180 Scholes Street OM (Williamsburg)

Amenities

Air Conditioning
Balcony
Controlled Access
Dishwasher
Fitness Center
Microwave
Spa
Storage Space
Tenant Controlled HVAC
Washer/Dryer
Grill
Recycling
Smoke Free
Granite Countertops
Sunroom
Yard
Bicycle Storage
Wheelchair Accessible (Rooms)
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	9 min	-	2.8 mi
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road)	10 min	-	2.9 mi
Transit/Subway	Drive	Walk	Distance
Montrose Avenue (L - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
Grand Street (L Line) (L - New York MTA Subway (The Subway))	2 min	6 min	0.3 mi
Graham Avenue (L - New York MTA Subway (The Subway))	2 min	9 min	0.5 mi
Lorimer Street (J,M Line) (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	3 min	13 min	0.7 mi
Lorimer Street (L Line) (L - New York MTA Subway (The Subway))	3 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
LaGuardia	16 min	-	7.4 mi
John F Kennedy International	25 min	-	11.3 mi
Newark Liberty International	28 min	-	15.6 mi

Derek Bestreich 718-360-8801 Investment Property Realty Group

180 Scholes St Brooklyn, NY 11206 Williamsburg