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Off Market Listing

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Description
Location
Notes
Units
Area (Built)
Price
$ Per Unit
$ Per Sq.Ft
Analytics
Projected COCROI 
GRM
Cap Rate (?)
Neighborhood
City
Borough
County
State
Zip Code
Action

This Portfolio Property consists of 202 Units in 5 Apartment Buildings containing 195 Apartments plus 7 Retail Storefronts. Totaling 192,480 Square Feet. Property Located in Brooklyn NY.

Midwood, Homecrest, Borough Park

200 Units
192,000 Sq.Ft

$ 50,000,000
$ 250,000 / Unit
$ 260 / Sq.Ft

Projected COCROI:
GRM:
Cap Rate:

Midwood, Homecrest
Brooklyn


New York
11204

This Property consists of Two 5 Story Walkup Brick Buildings with a Total of 67 Units consisting of 65 Large Pre-War Apartments, Plus 2 Street Level Retail Stores. Located in the Pelham Bay Section of the Bronx. Total Existing Square footage is 50,855 Square Foot with 49,249 Square Feet of residential area. Layout: 50 x 1 Bedrooms and 15 x 2 Bedrooms

1737 and 1739 Pilgrim Avenue Bronx, New York

67 Units
46 Sq.Ft

$ 9,600,000
$ 143,284 / Unit
$ 189 / Sq.Ft

Projected COCROI:
GRM:
Cap Rate:


Bronx


New York
10461

Subject Property is Newly Built Seven Story Elevator Apartment Building Containing 25 Apartments plus 8 Parking Spaces. The Building has18,800 Total Usable Square Feet. Property is in the Bronx and is approximately 35 minutes from NYC. Built 2023. 24 (96%) of the 25 units will be Affordable Housing Units. 421A Tax Exemption - 35-year abatement that phases out in the last ten years based on the percentage of affordable units provided at the property.

Highbridge

25 Units
18,800 Sq.Ft

$ 10,750,000
$ 430,000 / Unit
$ 572 / Sq.Ft

Projected COCROI:
GRM: 10.00
Cap Rate: 8.47%

Highbridge
Bronx


New York
19452

(All estimates are prior to closing costs, capital expenses, and are estimated only subject to buyer independent due diligence, and all are subject to the Terms of Service and Access and use of this website is governed solely by LichtensteinRE's Legal Terms of Service Use & Conditions.)

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