Apartments For Sale • 4,500 SF
| 7.74% Proforma Cap Rate — significant yield for a free-market Brooklyn asset in a prime residential neighborhood |
| Nearly 50% upside to market rents |
| Protected Tax Class 2A with low annual taxes |
| Five apartments (three 1BR / two 2BR) + one retail storefront — diversified income stream with strong residential and commercial demand |
| Prime Bay Ridge location between 90th and 92nd Streets with close proximity to the 86th Street retail corridor |
| Steps from the 95th Street (R) subway station with direct service to Manhattan |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Dwc International Health Distribution | ||
| The Law Offices of Michael L. Walker |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Clifton (Staten Island Railway - New York MTA Subway (The Subway)) | 8 min | - | 4.4 mi |
| Stapleton (Staten Island Railway - New York MTA Subway (The Subway)) | 10 min | - | 5.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Bay Ridge-95 Street (R - New York MTA Subway (The Subway)) | 1 min | 5 min | 0.3 mi |
| 86 Street (R Line) (R - New York MTA Subway (The Subway)) | 1 min | 10 min | 0.5 mi |
| 77 Street (R Line) (R - New York MTA Subway (The Subway)) | 2 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 29 min | - | 16.9 mi |
| Newark Liberty International | 29 min | - | 19.0 mi |
| John F Kennedy International | 29 min | - | 20.1 mi |