225 13th Street

26 Unit Multifamily Property in Prime Park Slope

225 13th Street, Brooklyn, NY
Asking Price $9,500,000
Type Multifamily
Neighborhood Park Slope
Properties 1
Lot Size 5,700 SF
Zoning Code R6B
Size 23,500 SF
Stories 5
Units 26
Air Rights Overbuilt

Investment Highlights:

Meridian Investment Sales is pleased to present the Exclusive Offering for 225 13th Street, a multifamily building with a total of 26 apartments in prime Park Slope – just three blocks away from the F & G train at the Fourth Avenue subway station. The property is situated on 13th Street between 4th Avenue and 5th Avenue. Park Slope is one of the most desirable residential and commercial locations in not only Brooklyn, but all of New York City.

This a rare opportunity for an investor to buy a cash flowing, renovated asset in a prime neighborhood with upside in the preferential rents. The building had a J-51 tax abatement that expired on 6/30/2019. The asset has been consistently maintained and upgraded minimizing long-term deferred maintenance for future ownership.

Location:

Located in prime Park Slope just three blocks from the F and G subway stop at Fourth Avenue

Property Listing Contact:

Adam Hess // Senior Managing Director // 800 3rd Ave., New York, NY // 718.534.9201 // ahess@meridiancapital.com

Edward Setton // Vice President // 800 3rd Ave., New York, NY // 718.534.9202 // esetton@meridiancapital.com

Lane Malaton // Broker Support // 800 3rd Ave., New York, NY // 718.534.9204 // lmalaton@meridiancapital.com