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NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS...

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This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc . This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc. NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017 LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042 516-496-8888 www.schuckmanrealty.com 271 MARTENSE ST| BROOKLYN, NY 11226 NEW CONSTRUCTION FM EIGHT UNIT BUILDING LOT DIMENSIONS 23.17 X 110 LOT SF 2,624 ZONING R6, C1-3 NEIGHBORHOOD PROSPECT LEFFERTS GARDEN RESIDENTIAL UNITS 8 STORIES 5 BUILDING SF 7,152 TENANCY STATUS OCCUPIED INVESTMENT HIGHLIGHTS ASKING PRICE: $ 4,050,000 CAP RATE: 5.01% THE SUBJECT PROPERTY IS A RECENTLY COMPLETED FIVE STORY BUILDING BUILT 7,152 SF ON A BEAUTIFUL TREE LINED BLOCK IN PROSPECT LEFFERTS GARDEN. BUILDING AMENITIES FEATURE HIGH CEILINGS, GAS STOVES, LAUNDRY ROOM, A FURNISHED ROOF DECK, HARDWOOD FLOORING AND STAINLESS-STEEL APPLIANCES THROUGHOUT. SITUATED ON MARTENSE ST IN BETWEEN ROGERS AVE AND NOSTRAND AVE, PROPERTY IS ONE BLOCK FROM THE CHURCH AVE 2,5 TRAINS AND IN CLOSE PROXIMITY TO POPULAR NEIGHBORHOOD BARS, RESTAURANTS, AND RETAIL. COMMENTS BARUCH EDELKOPF Licensed Associate R.E. Broker [email protected] STEVEN HAKAKIAN Licensed R.E. Salesperson [email protected] CONTACT EXCLUSIVE BROKERS FOR DETAILS
Transcript
Page 1: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

LOT DIMENSIONS 23.17 X 110

LOT SF 2,624

ZONING R6, C1-3

NEIGHBORHOOD PROSPECT LEFFERTS

GARDEN

RESIDENTIAL UNITS 8

STORIES 5

BUILDING SF 7,152

TENANCY STATUS OCCUPIED

INVESTMENT HIGHLIGHTS

ASKING PRICE: $ 4,050,000CAP RATE: 5.01%

THE SUBJECT PROPERTY IS A RECENTLY COMPLETED FIVE STORY BUILDING BUILT 7,152 SF ON A BEAUTIFUL TREE LINED BLOCK IN PROSPECT LEFFERTS GARDEN.

BUILDING AMENITIES FEATURE HIGH CEILINGS, GAS STOVES, LAUNDRY ROOM, A FURNISHED ROOF DECK, HARDWOOD FLOORING AND STAINLESS-STEEL APPLIANCES THROUGHOUT.

SITUATED ON MARTENSE ST IN BETWEEN ROGERS AVE AND NOSTRAND AVE, PROPERTY IS ONE BLOCK FROM THE CHURCH AVE 2,5 TRAINS AND IN CLOSE PROXIMITY TO POPULAR NEIGHBORHOOD BARS, RESTAURANTS, AND RETAIL.

COMMENTS

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 2: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

BUILDING INFORMATION

BUILDING CLASS C1

CONSTRUCTION TYPE BRICK

BUILDING DIMENSIONS 23 X 60

BUILDING SF 7,152

STORIES 5

RESIDENTIAL UNITS 8

TAX ASSESSOR'S MARKET

VALUE

$1,274,000

TAXES 2018 $12,164.99

TAX CLASS 2

TAX MAP

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 3: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

RENT ROLL

INVESTMENT ANALYSIS

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT

1F 3 5 Box Actual FM May-21 $3,000 $36,000

1R 1 3 Box Actual FM May-22 $2,300 $27,600

2F 2 4 Box Actual FM Jul-20 $2,350 $28,200

2R 2 4 Box Actual FM Aug-20 $2,350 $28,200

3F 2 4 Box Actual FM Jul-20 $2,350 $28,200

3R 2 4 Box Actual FM Jul-20 $2,350 $28,200

4F 3 5 Box Actual FM Oct-20 $3,300 $39,600

4R 3 5 Box Actual FM Jul-20 $3,000 $36,000

8 18 34 $21,000 $252,000

REVENUE

RESIDENTIAL MONTHLY REVENUE $21,000

RESIDENTIAL YEARLY REVENUE $252,000

AVERAGE MONTHLY RENT PER UNIT $2,625

AVERAGE MONTHLY RENT PER ROOM $618

VACANCY LOSS ($7,560)

EFFECTIVE GROSS ANNUAL INCOME $244,440

ESTIMATED OPERATING EXPENSES

WATER/SEWER $6,400

HEAT TENANTS PAY

UTILITIES $1,781

INSURANCE $4,000

REAL ESTATE TAXES $15,224

REPAIRS & MAINTENANCE $4,400

MANAGEMENT $9,778

TOTAL OPERATING EXPENSES $41,583

FINANCIAL ANALYSIS

NET OPERATING INCOME: $202,857

ASKING PRICE $4,050,000

CAPITALIZATION RATE 5.01%

GRM 15.08

PRICE PER UNIT $475,000

PRICE PER BUILT SF $533

PRICE PER BUILDABLE SF $528

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 4: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

INTERIOR PHOTOS

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 5: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

CERTIFICATE OF OCCUPANCY

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 6: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

TAX BILL SNAPSHOPT

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 7: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

NEIGHBORHOOD DESCRIPTION

EAST FLATBUSH IS A SERIES OF NEIGHBORHOODS LOCATED IN CENTRAL BROOKLYN. ALTHOUGH MOST CAN AGREE THERE IS NO "TYPICAL" OUTER-BOROUGH NEIGHBORHOOD, THE DIVERSE MIX OF HOUSING OPTIONS IN THIS SECTION OF BROOKLYN MAKES FOR AN INTERESTING BLEND OF NEW YORK'S LOW-RISE ARCHITECTURE. EAST FLATBUSH APARTMENTS CAN BE FOUND IN A SWATH OF SIZES AND BUILDINGS, FROM MULTI-FAMILY UNITS TO SINGLE-FAMILY HOMES. THE MOST COMMON NY APARTMENT STYLES IN THIS REGION ARE THE ROWHOUSE AND THE DUPLEX. LIFE AROUND THIS PART OF BROOKLYN INVOLVES THE LITTLE SHOPS, RESTAURANTS, AND BAKERIES THAT MAKE IT UNIQUE. SEVERAL CAFES HAVE A STRONG CARIBBEAN FLAVOR, WHILE OTHER FOOD STOPS HAVE A DISTINCTLY LOCAL ATMOSPHERE.

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 8: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

516-496-8888 NEW YORK OFFICE: 109 SOUTH 5TH ST., SUITE 3100 | BROOKLYN, NY 11249

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042www.schuckmanrealty.com

453-455 ROGERS AVE

BROOKLYN, NY

$4,700,000

2 LINCOLN AVE

ROCKVILLE CENTRE, NY

$5,260,000

1325- 1333 BROADWAY

BROOKLYN NY

$8,750,000

89 North 4th St

BROOKLYN NY

$4,000,000

1968 JEROME AVE

BRONX NY

$3,350,000

61-56 SPRINGFIELD BLVD

OAKLAND GARDENS, NY

$14,657,199

320 LINDEN BLVD

BROOKLYN NY

$1,275,000

303 - 305 23 ST

BROOKLYN NY

$4,895,000

1421 HANCOCK ST

BROOKLYN NY

$1,250,000

19 EAST 31ST ST

BROOKLYN NY

$1,290,000

2174 FLATBUSH AVE BROOKLYN NY

$1,025,000

600 GARDEN CITY PLZ

GARDEN CITY, NY $6,600,000

RECENT SALES

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

CONTACT EXCLUSIVE BROKERS FOR DETAILS

Page 9: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E. 49th STREET, SUITE 10-107 / NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

ABOUT SCHUCKMAN REALTY

SCHUCKMAN REALTY IS A FULL SERVICE COMMERCIAL REAL ESTATE SERVICES FIRM SERVING NEW YORK CITY, LONG ISLAND, THE SURROUNDING TRI-STATE AREA AND NEW JERSEY. THE COMPANY WAS FORMED NEARLY FOUR DECADES AGO BY ITS FOUNDER, STANLEY SCHUCKMAN, WHO REMAINS AN ACTIVE LEADER ON THE TEAM TODAY.

THROUGH THE YEARS, SCHUCKMAN HAS DEVELOPED A REPUTATION AS A LEADING BROKER AND DEVELOPER IN THE NEW YORK METRO AREA, WITH SPECIAL EXPERTISE IN DEVELOPMENTS, REDEVELOPMENTS, AND RENOVATIONS IN ALL FIVE BOROUGHS OF NEW YORK CITY AND LONG ISLAND. AS A STRATEGIC PLANNER OF RETAIL STORES AND SHOPPING CENTERS, IN ADDITION TO BOUTIQUE PROJECTS, SCHUCKMAN HAS BEEN RESPONSIBLE FOR TENS OF MILLIONS OF SQUARE FEET OF LEASING AND DEVELOPMENT AND HAS BEEN HIRED BY NUMEROUS NATIONAL RETAIL CHAINS TO FACILITATE MACRO–MARKET PENETRATION. OUR COLLABORATIVE PORTFOLIO EXTENDS NOT ONLY TO METROPOLITAN NEW YORK, BUT ALSO NATIONALLY, TO

ATLANTA, MINNEAPOLIS, MILWAUKEE, ST. LOUIS, WASHINGTON D.C., AND SOUTHEAST FLORIDA.

IN COMMERCIAL REAL ESTATE, EVERY MARKET, LOCATION, AND DEAL HAS STRENGTHS AND WEAKNESSES. VIEWING EACH DEAL AS UNIQUE AND ANALYZING ITS VARIABLES ON BEHALF OF OUR TENANTS, LANDLORDS, OWNERS, AND INVESTORS USING THE LATEST SOFTWARE AND MOST SOPHISTICATED TECHNIQUES ALLOWS US TO FORMULATE THE MOST EFFICIENT AND PROFITABLE MARKET STRATEGY.

OUR CREATIVE, YET QUANTITATIVE APPROACH HAS BEEN THE KEY TO SCHUCKMAN REALTY’S SUCCESS AMONG NATIONWIDE INDUSTRY LEADERS. WE ATTRIBUTE OUR SUCCESS TO OUR INTIMATE TEAM’S PROFICIENCY IN MARKET ANALYSIS AND SITE PLANNING, IN ADDITION TO TIRELESS DEDICATION AND EXTENSIVE EXPERIENCE FROM BOTH SIDES OF THE TABLE.

SINCE 2013, THE FIRM HAS BEEN LED BY KENNETH SCHUCKMAN. KENNETH HAS TAKEN THE REIGNS LEADING THE FIRM INTO ITS 4TH DECADE WITH THE CONTINUED COMMITMENT TO REMAIN AT THE FOREFRONT OF THE REAL ESTATE INDUSTRY, FOCUSED ON DELIVERING EXCLUSIVE OPPORTUNITIES THAT CREATE VALUE, BOTH FOR TODAY AND TOMORROW.

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING

Page 10: NEW CONSTRUCTION FM EIGHT UNIT BUILDING · NEW CONSTRUCTION FM EIGHT UNIT BUILDING UNIT BEDROOMS ROOMS APT LAYOUT STATUS RENT TYPE LXP MONTHLY RENT ANNUAL RENT 1F 3 5 Box Actual FM

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal without notice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and they may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your own investigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of a particular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong to third parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks service marks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

This information contained herein has been obtained from sources believed reliable. However, we have not verified it and make no guarantee, warranty or representationabout it. It is submitted subject to the possibility of errors, omissions, change of price, rental and other conditions, prior sale, lease or financing, or withdrawal withoutnotice. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only andthey may not represent the current or future suitability, availability or performance of the property. You and your tax and legal advisors should conduct your owninvestigation of any property and transaction. We may or may not have an exclusive or nonexclusive contractual relationship with a tenant or the owner/landlord of aparticular property; and if we do, such relationship shall be fully disclosed to you on a timely basis. Third-party trademarks, service marks, graphics, and logos belong tothird parties. You are not granted any right or license with respect to Schuckman Realty Inc.'s trademarks service marks, graphics, and logos or the trademarks servicemarks, graphics, and logos of any third party. Kenneth Schuckman is Broker of record of Schuckman Realty Inc.

NEW YORK OFFICE: 12 E 49TH STREET, SUITE 10-107 | NEW YORK, NY 10017

LONG ISLAND OFFICE: 1983 MARCUS AVE., SUITE 102 | LAKE SUCCESS, NY 11042

516-496-8888www.schuckmanrealty.com

SCHUCKMAN REALTY INVESTMENT SALES TEAM

MATTHEW COLANTONIO

Licensed Associate R.E. Broker

[email protected]

KENNETH SCHUCKMAN

Licensed R.E. Broker

[email protected]

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

DAVID BERGMAN

Licensed R.E. Salesperson

[email protected]

MATTHEW CITRIN

Licensed R.E. Salesperson

[email protected]

EDWARD GOTTLIEB, CRX, CLS

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

JUSTIN LINIADO

Licensed R.E. Salesperson

[email protected]

JEREMY NUSS

Licensed R.E. Salesperson

[email protected]

AARON LUNZER

Licensed R.E. Salesperson

[email protected]

MENDY WIESNER

Licensed R.E. Salesperson

[email protected]

BARUCH EDELKOPF

Licensed Associate R.E. Broker

[email protected]

STEVEN HAKAKIAN

Licensed R.E. Salesperson

[email protected]

271 MARTENSE ST| BROOKLYN, NY 11226

NEW CONSTRUCTION FM EIGHT UNIT BUILDING


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