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529-531 Maple St

529-531 Maple St, Brooklyn, NY 11225

  • For Sale $8,250,000
  • City Brooklyn
  • Neighborhood Wingate
  • Zip Code 11225
  • Market Brooklyn
  • Property Type Multi-Family
  • Property Size 20,146 Sqft
  • Units 10
  • Lot Size 0.14 Acre
  • Year Built 2006
  • Year Renovated 2020
  • Date Updated 09 Mar, 2021
Novae Partners is proud to exclusively offer this new residential condominium building investment opportunity with over $3M of built-in equity at purchase. The projected sell-out price of $11.3M for the 10 gorgeous, move-in ready condo units and annual NOI of $420K will only increase with time in this hot Brooklyn real estate market. There is also over 15 years left of 421A tax abatement.
 

10 BEAUTIFULLY FINISHED BRAND NEW CONDOS -  Authentic oak wood floors, stainless steel appliances, gorgeous marble master bathrooms, in-unit washer and dryer, built in HVAC systems and two sets of sinks and stoves in each kitchen are only some of these units' attractive features. Each spacious unit has oversized bedrooms, at least two full bathrooms, high ceilings, large and/or floor-to-ceiling windows bringing in lots of natural sunlight for the end user.  Each of the 10 units also has their own private outdoor spaces — from balconies to large paved and fenced backyards, with penthouse duplexes having two (2) private rooftop terraces each! All individual condos are equipped with high tech video intercom providing convenience and safety for the entire building. Walking distance to the historic Prospect Park, Brooklyn Museum, and Brooklyn Botanical Gardens. Other notable attractions nearby include but are not limited to the Barclays Center and Grand Army Plaza. This prime Crown Heights location is close to supermarkets, shopping, restaurants, nightlife, etc. — everything one needs is close by.

Please contact us for the full Offering Memorandum.

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Location

  • City Brooklyn, NY
  • Neighborhood Wingate
  • Zip Code 11225
  • Market Brooklyn

Contacts

Ruby Chan

Novae Partners

(718) 288-0246

FREQUENTLY ASKED QUESTIONS

What is the lease rate for 529-531 Maple St?

Rental asking rate at 529-531 Maple St is $8,250,000 per square foot.

What is the total square footage of 529-531 Maple St?

529-531 Maple St totals 20,146 square feet.

When was this property built?

529-531 Maple St was built in 2006.

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Attachments

Contact Listing Broker

Ruby Chan

Novae Partners

(718) 288-0246

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