Williamsburg Portfolio
Brooklyn, New York
Building
Overview
Avison Young, as the exclusive agent, is pleased to offer for sale a three-building multifamily package located on the border of Williamsburg and East Williamsburg. The properties include 484 Humboldt Street, 65 Maspeth Avenue, and 64-68 Maspeth Avenue (the “Properties”), and they are being offered individually or as a package.
Highlights
Three buildings totaling 71 units across ~69,000 SF
New Construction and Newly Renovated Portfolio
Attractive Assumable Debt
Strong In-Place Cash Flow with Additional Value Add
Turn-Key Assets with No Deferred Cap-Ex
Two Expiring 421-A Abatements & One Fully Free-Market Asset
Team
Brandon Polakoff
Principal, Head of NYC Investment Sales
Avison Young - US - NY - New York
Patrick Madigan
Joseph Moran
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