10 Unit Multifamily Crown Heights
Investment Highlights
Right off Brooklyn Ave prime crown heights legal 10 family prime crown heights 20x70 built on 150 lot 7700sqFt built. All units now vacant & 1 tenant remaining (top back floor small apartment) possibility to get them out. NOW with approved plans to ALT-1 convert to 7 condos. We were quoted $1.6-1.7m for a full renovation / conversion. Condo prices on the block $1200 -1300psft bank deal $3.65m
Location
📍 Crown Heights
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Who finances deals like this
The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.
- JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
- Citizens Bank NA — 3,374 loans, typically $126K–$660K
- TD Bank NA — 2,670 loans, typically $117K–$500K
- Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
- United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
