6-Unit Multifamily in Crown Heights

$1,500,000 Multifamily Off-Market
Price$1,500,000
Price / SF$263,158
Building SF6
Units6
Asset TypeMultifamily
📄 Download Offering Flyer (PDF)

Investment Highlights

Remsen Village Yiddish block Vacant 6 family. Built 5700 Sqft. 3 stories + Full Basement w/8ft ceilings. 22x84 on 30x100 lot. R6. Fully vacated w/ signed surrender agreements. Permits/permits submitted for full reno & conversion to FM. Asking 1.5M

Property delivered fully gutted. Basement has approximately 8’ ceiling height.
Seller represents that surrender agreements are in place for all prior tenants. Permits have been filed with DOB.
There are approximately $200,000 in HPD liens. Property has not been registered with DHCR for approximately 25 years.
Buyer to pursue free market positioning.

Pictures & Videos: https://drive.google.com/drive/folders/1jUCl2zWw52FB2oq97ZsKzI8ogR9sT6Yo?usp=sharing

Due Diligence & Financials 1

Rent rolls, financials and offering materials for this listing are released after you sign the NCNDA and Yaniv Grinberg approves your request.

Location

📍 Crown Heights

🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.

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