Rosewood Realty Group is pleased to present a portfolio of walk-up apartment buildings in a few of Brooklyn’s most transformed neighborhoods, including Williamsburg, Bedford Stuyvesant, Bushwick & Greenwood Heights.
The portfolio consists of 13 buildings totaling 40 apartments and 1 commercial unit, spanning 34,483 SF, with over 19,000 SF of air rights. The properties benefit from some operating efficiencies that include but are not limited to free market rents & favorable tax classes that result in very strong operating ratios. They are located in desirable Brooklyn residential neighborhoods that are in strong demand and as such command high rental rates. Further, there is a bundle of five buildings within the portfolio that are contiguous, allowing for managerial efficiencies.
- ID: 8439
- Published: January 1, 2021
- Last Update: June 23, 2021
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