Off-Market Offering
Off-Market Deal in Crown Heights
$42,000,000
Investment Highlights
Crown Heights Class A mixed-use. 63 units & 3 retail. built 85K SF. Retail fully leased with 12-year WALT. 421-a abatement exp. 6/2027; units become 100% FM. NOI $2.2M. Asking $42M (5.25% cap) negotiable
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.