Timu yetu imeajiriwa kwa njia ya kipekee kusaidia kuuza 485 E. 28th Street na 1463 New York Avenue, jengo jipya la maendeleo lenye miaka 33+ iliyobaki kwenye 421a Tax Abatements katika Flatbush inayoendelea.

Kila jengo la lifti lina vitengo 18 katika takriban futi za mraba 17,000 na iko umbali wa blok mbili tu kutoka kwenye mstari wa subway wa 2/5. Ikiwa na viwango vya kumalizia vinavyolingana na nyumba za kifahari na mabalkoni mengi ya kibinafsi, mali zote zina umeme wa kamili, safi, bora, na rahisi kusimamia. Kuna uwezekano wa ziada kupitia matumizi ya maeneo ya basement na paa kwa ajili ya huduma, na maeneo ya nafasi za jamii yanaweza kuruhusu mabadiliko ya makazi ya baadaye chini ya mabadiliko ya hivi karibuni ya Jiji la Yes/UAP.

Kodi katika Flatbush zimeongezeka takriban 22% katika miaka mitatu iliyopita, huku viwango vya soko vya maendeleo mapya vikija kati ya $62/SF. Majengo haya yanayotumiwa kwa 95% yanatoa mapato mazuri ya ndani na uwezekano wazi wa kuleta vitengo vya chini ya soko kwenye kodi kamili. Tunatafuta 6-cap na mkopeshaji anaye tayari kutoa fedha karibu na 5.5%, yanatoa fursa adimu ya kupata mali zenye matengenezo madogo, mali za muda mrefu zenye mtiririko wa fedha thabiti na uwezekano mkubwa. Inapatikana kila moja au kama portfolio.

Our team has been retained on an exclusive basis to facilitate the sale of 485 E. 28th Street and 1463 New York Avenue, a pair of new developments with 33+ years remaining on their 421a Tax Abatements in thriving Flatbush.

Each elevator building includes 18 units across roughly 17,000 square feet and is located just two blocks from the 2/5 subway line. Featuring condo-quality finishes and multiple private balconies, both properties are fully electric, clean, efficient, and easy to manage. There’s additional upside through activation of the basement and roof areas for amenities, and the community facility spaces may allow for future residential conversion under recent City of Yes/UAP changes.

Rents in Flatbush have risen approximately 22% over the past three years, with current market levels for new development averaging around $62/SF. These 95% occupied buildings offer strong in-place income with clear potential to bring under-market units to full rent. Asking a 6-cap with a lender in place willing to finance closer to 5.5%, they present a rare opportunity to acquire low-maintenance, long-term assets with stable cash flow and meaningful upside. Available individually or as a portfolio.