Marcus and Millichap has successfully sold 186 27th Street (Block: 00660, Lot: 0033), located between 3rd and 4th Avenue, in the Greenwood Heights section of Brooklyn, NY. The property features 8 free market units consisting of 4 one bedroom apartments and 4 two bedroom apartments. The building is built 25 ft x 73 ft and sits on a 25 ft x 94.58 ft lot and is zoned M1-2D.

This is an opportunity to acquire a completely free-market 8 family apartment building in one of the most rapidly changing submarkets in New York City. With recent apartment renovations completed, as well as significant upgrades to the building's structure and mechanicals, the property offers immediate upside in the free-market rents. This is also a possible condo-conversion candidate.

The property is located near the D, N & R Subway line offering easy and quick access to Manhattan.

• Rare Opportunity - 8 Unit Free Market Building
• Ideal Configuration of Front & Back Units - 4 Two BR & 4 One BR Units
• Close to the 25th Street R Line and the 36th Street R, D & N Lines
• Significant Renovations Throughout, Including 3 Apartments
• Brand New Mechanicals Including Individual Heating Systems
• No Deferred Maintenance with Opportunity for Strong Cash Flow
• Rapidly Growing Rental Market with Close Proximity to Greenwood Cemetery