Investment Highlights

• The property is located on the north side of Sterling Place, a beautiful landmark block between Brooklyn & Kingston Avenues

• Strong cash flow and performance from healthy occupancy with room for growth
• An opportunity to acquire a 50-foot wide, four-story walk up, 17-unit building with 9 modernized free market units
• The unit mix consists of ten 3 (three) bedroom units & seven 2 (two) bedroom units (three of the units are duplexed with over 1000 SF of backyard space)
• The building has gone through extensive repairs and upgrades consisting of the installation of a new boiler, surveillance camera system and intercom system with key fob access as well as an oil to gas conversion
• Convenient transportation options as the property is located a couple of blocks from the 3, A, & C Trains, and the B43 Bus stop is just around the corner
• Short walk to trendy restaurants, cafes, bars, art galleries, boutique shops, museums, Brower Park & more

• BID DEADLINE: AUGUST 24TH THURSDAY 6PM 2023