INVESTMENT HIGHLIGHTS

• Value-Add Opportunity: There is significant upside in the rent roll that can be unlocked via renovations.
• Owner-User Potential: The property would make a fantastic single family home conversion, or buyer could live in a portion of the building and collect rent from the rest.
• Quiet Residential Block: Situated on a quiet tree-lined residential block.
• Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
• Available Air Rights: There are roughly 725 SF of unused air rights for future expansion, development,
  or disposition.
• Protected Tax Class: Tax Class 1 limits tax increase to no more than 6% per year or 20% over 5 years.
• Neighborhood Amenities: Located within a few blocks of McGolrick Park, retail on Nassau and Driggs Avenues, and N. Brooklyn nightlife