This Multifamily Property is Off-Market.

940 Kent Avenue
Brooklyn, NY 11205-4452 ·

Multifamily For Sale

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940 Kent Avenue, Brooklyn, NY 11205-4452

Price N/A Property Sub-type Garden/Low-Rise
Building Size 6,872 SF Property Use Type Investment
Property Type Multifamily
Listing ID: 17905785 Date Created: 11/06/2012 Last Updated: 01/08/2013

Description

940 Kent Avenue is a very well positioned multifamily building with eight residential units in prime northwest Bedford Stuyvesant just a few blocks from the Clinton Hill and Williamsburg borders. Pratt Institute is 2 blocks away as is the G train at Classon Avenue which provides convenient access to downtown Brooklyn and Williamsburg. The popular condo complex known as The Kent, located on the same block, has sold condo units at prices upwards of $500/sf, and has brought more exposure and capital to this already desirable location. Additionally, its location between Myrtle Avenue and DeKalb Avenue retail corridors offer tenants close proximity to grocery stores, dry cleaners, restaurants, and night life. This building is efficient and profitable as is, and has definite financial upside for the future, making it an ideal opportunity for active and passive investors alike.

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940 Kent Avenue, Brooklyn, NY 11205-4452

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