Have $15M? Big buildings at 24 - 30 Rogers and 641 St. Marks now for sale.

whynot_31

Here are the PDF's

24 - 30 Rogers Avenue

whynot_31

641 St. Marks

History has shown that new owners are often pretty aggressive re: increasing rents, so heads up!

whynot_31

Still for sale:

Dear (whynot_31)

I wanted to make sure you heard that TerraCRG has been retained to exclusively sell many premier multifamily buildings in Brooklyn. Two multifamily buildings on Rogers and St. Marks Avenues in Crown Heights can be purchased individually or as a 70-unit package. The three brand new construction properties in Bed-Stuy are being offered as a package and total 29 residential units. Please see below for additional details.

24-30 Rogers Avenue is a rare 70-foot wide multifamily building in the heart of Crown Heights. The four-story, ~19,820 SF property is comprised of 40 residential units, consisting of 12 one-bedroom apartments and 28 studio apartments. Nine of the units will be delivered vacant. The gross annual rent is projected at $538,336 and the approximate NOI is $333,077. See the setup for more information: 24-30 Rogers Avenue.pdf

641 St. Marks Avenue is a 30-unit multifamily building and the second offering in the possible Crown Heights package. The four-story property is approximately 16,725 SF and will be delivered with 11 vacancies. The unit mix is comprised of 27 one-bedroom apartments and 3 two-bedroom apartments. The gross annual rent is projected at $489,143 and the approximate NOI is $324,849. See the setup for more information: 641 St. Marks Avenue