The Brennan Team successfully sold 532 83rd Street, a six-unit apartment building located on 83rd Street between 5th and 6th Avenues in the Bay Ridge neighborhood of Brooklyn, New York. The property is built 24.33 feet wide by 71 feet deep, on a lot measuring 24.33 feet by 100 feet. Gross building square footage is approximately 5,183. The property was built in 1923 and is zoned R5B. (Block: 6019, Lot: 18).

The subject property offers investors the tremendous opportunity to acquire a well-managed multifamily asset in a stable rental market. All six apartments are rent stabilized, allowing future investors upside in the rent roll. The property is located only minutes to Brooklyn's famous 86th Street retail corridor as well as 5th Avenue. The R train is also minutes away.

• Brick Construction
• Clean, Well-Maintained Building in Prime Location
• Minutes to Bay Ridge's 86th Street Retail Corridor
• Minutes to 5th Avenue Retail Corridor
• 24.33 Feet of Frontage on 83rd Street
• Near the R Train
• Upside in Current Rents