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929-941 Brooklyn Avenue

6 Residential Properties Offered at £9,389,400 in Brooklyn, NY

Executive Summary

A unique opportunity to acquire six newly constructed three-unit townhomes in East Flatbush, Brooklyn. Located at 929, 933, 935, 937, 939, and 941 Brooklyn Avenue (Block 04890 - Lots: 0001, 0003, 0004, 0006, 0060, 0059), these properties are situated at
the corner of Church Avenue and Brooklyn Avenue, offering a total of 18 non-regulated units, totaling 25,290 sq ft (19,287 sq ft above grade), all with low taxes under New York City’s protected Tax Class 1. This package presents significant investment potential in a high-demand rental market, driven by consistent tenant interest for quality, non-regulated housing. All six buildings are move-in ready and feature high-quality finishes.
These properties are situated in the heart of Brooklyn, just six blocks from the Church Avenue 2, 5, B, and Q train subway lines, offering a quick commute to Manhattan in under 30 minutes. East Flatbush’s vibrant atmosphere, combined with easy access to major retail corridors along Church Avenue and Flatbush Avenue, make these townhomes ideal for attracting tenants who value convenience and quality of life. Nearby attractions include Prospect Park, the Brooklyn Public Library, and the Brooklyn Museum, all just minutes away.
This package of six townhomes offers investors the opportunity to acquire a completely unregulated portfolio of 18 apartment units
in a thriving Brooklyn neighborhood with strong rental demand and excellent tax advantages.
Properties can be purchased separately—please inquire with the listing team for individual building pricing details.

Property Facts

Price £9,389,400
Price / SF £371.27 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 6.97%
Sale Type Investment or Owner User
Status Active
Number of Properties 6
Individually For Sale 1
Total Building Size 25,290 SF
Total Land Area 0.36 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
929 Brooklyn Ave, Brooklyn, NY 11203 Residential 5,200 SF 2024 £1,956,125
937 Brooklyn Ave, Brooklyn, NY 11203 Residential 4,000 SF 2024 -
941 Brooklyn Ave, Brooklyn, NY 11203 Residential 4,070 SF 2024 -
935 Brooklyn Ave, Brooklyn, NY 11203 Residential 4,000 SF 2024 -
933 Brooklyn Ave, Brooklyn, NY 11203 Residential 4,000 SF 2024 -
939 Brooklyn Ave, Brooklyn, NY 11203 Residential 4,020 SF 2024 -
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  • Listing ID: 33872697

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 929-941 Brooklyn Avenue, Brooklyn, NY

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