6,000 SF | 101 E 59th Street | Multifamily Property for Sale

101 E 59th Street Brooklyn, NY 11203

101 E 59th Street, Brooklyn, NY, 11203
101 E 59th Street, Brooklyn, NY, 11203 101 E 59th Street, Brooklyn, NY, 11203 101 E 59th Street, Brooklyn, NY, 11203 101 E 59th Street, Brooklyn, NY, 11203 101 E 59th Street, Brooklyn, NY, 11203 101 E 59th Street, Brooklyn, NY, 11203 101 E 59th Street, Brooklyn, NY, 11203
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,397,500
Last Verified:
Jan 25, 2024

Highlights

  • Renovated Facade
  • Brick Building
  • Turn-key investment
  • Steady CAP rate
  • Located in a prime location just off Kings Highway
  • School District 18, great schools

Description

Renovated Facade
Brick Building
Turn-key investment
Steady CAP rate
Located in a prime location just off Kings Highway
School District 18, great schools

Located in the Canarsie neighborhood of Brooklyn between Church Avenue and Snyder Avenue, close to a multitude of commuting options.

Nearest Transit: 3 & 7 lines at Saratoga Avenue and B47 & B35 bus lines.

Building Size: 6000sq ft
Lot Size: 0.07 acres


Documents

Brochure - 101 E 59th Street

Map of 101 E 59th Street, Brooklyn, NY, 11203

Presented by:
Tri State Commercial Realty

Request additional information
Shlomi Bagdadi


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.