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Mixed-use Building 109 Winthrop St 9 Unit Apartment Building For Sale Brooklyn, NY 11225
Investment Highlights
- New construction mixed-use asset.
- Eight residential units and a community facility currently occupied by a daycare facility.
- Benefits from a 421-a tax exemption with 8 years remaining on the residential component and a community facility ICAP with 19 years remaining.
- Modern 5-story, elevator building approximately 11,915 SF with high-quality finishes contemporary layouts, and minimal maintenance requirements.
- Contains approximately 7,971 square feet of residential space and 3,083 square feet of community facility space.
- Prime location between Bedford and Rogers Avenues, within walking distance of Prospect Park Station (B, Q, S) is approximately a 13-minute walk away.
Executive Summary
Asset CRG Advisors has been exclusively retained to market 109 Winthrop Street, a modern mixed-use property located in Prospect-Lefferts Gardens, Brooklyn.
Completed in 2018, the five-story building offers approximately 11,915 square feet and combines eight residential apartments with a community facility component currently occupied by a daycare operator. The property’s recent construction, established tenancy and remaining 421-a tax benefits create an attractive opportunity for investors seeking a well-positioned Brooklyn asset with longterm income potential.
Situated between Bedford and Rogers Avenues, the property is surrounded by neighborhood retail, dining, schools and community amenities. The Prospect Park subway station, providing access to the B, Q and S lines, is approximately a 13-minute walk away.
Sale Price: Upon Request
Completed in 2018, the five-story building offers approximately 11,915 square feet and combines eight residential apartments with a community facility component currently occupied by a daycare operator. The property’s recent construction, established tenancy and remaining 421-a tax benefits create an attractive opportunity for investors seeking a well-positioned Brooklyn asset with longterm income potential.
Situated between Bedford and Rogers Avenues, the property is surrounded by neighborhood retail, dining, schools and community amenities. The Prospect Park subway station, providing access to the B, Q and S lines, is approximately a 13-minute walk away.
Sale Price: Upon Request
Property Facts
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 9 | Building Size | 11,915 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Mid-Rise | Parcel Number | 05046-7501 |
| Building Class | B | ||
| Zoning | R6 - An R6 Zoning District. The building is a mixed-use property containing residential and commercial/community facility space. | ||
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 11,915 SF |
| No. Stories | 5 |
| Year Built | 2020 |
| Zoning | R6 - An R6 Zoning District. The building is a mixed-use property containing residential and commercial/community facility space. |
| Parcel Number | 05046-7501 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- 24 Hour Access
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
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