Avison Young has been exclusively engaged by Ownership to offer for sale 841 Dekalb Avenue, Brooklyn, NY (“the Property”) located between Marcus Garvey Boulevard and Throop Avenue in the Bedford-Stuyvesant neighborhood of Brooklyn. The property was recently redeveloped and benefits from being fully fair market, 100% occupied, tax class 2B, and a UDAAP Tax Benefit program beneficiary.
The property is five (5) stories and 6,425 square feet. It consists of eight (8) fair market residential units featuring high-end finishes, including marble countertops in the kitchens, hardwood flooring, in-unit washer/dryers, oversized windows, and extensive light and air. The unit breakdown is six (6) two-bedrooms, one of which is a duplex with a private landscaped garden, one (1) penthouse three-bedroom duplex, and one (1) one-bedroom. Building amenities include a communal roof deck and a virtual doorman.
The property is ideal for an investor seeking a stabilized, high-quality, multifamily property with strong in-place cash flow, as well as capital appreciation upside due to its location in an increasingly vibrant and popular neighborhood that continues to attract investor interest and experience capital inflows.