Project Description

1118 Lenox Road | East Flatbush

Asset Type: Multifamily

Transaction Closed

Price:  $1,475,000

No. of Units:  9

No. of Retail: 0

Building Size: 8,100 SF

Building Dimensions: 30 ft x 90 ft

Investment Highlights

Bestreich Realty Group is pleased to announce that it has placed under contract this corner 9 unit located in the East Flatbush section of Brooklyn. The property features 1 studio, 5 one-bedroom units and 3 two-bedroom units. The property is built 30 ft x 90 ft offering approximately 8,100 square feet. It sits on a 30 ft x 100 ft lot and is zoned R6.

The property is located within walking distance to the 3 subway line, offering quick and easy access to Manhattan. It is also within walking distance to an array of strong retail along Church Avenue. East Flatbush has become a highly sought after real estate market for both retail and residential focused investors. As strong demand for residential units drive rents higher, this property offers an investor the opportunity to acquire a building with upside potential.

Call: (718) 360-8801

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Exclusive Listing Agents

Derek Bestreich
Derek BestreichPresident
Brian Underkofler
Brian UnderkoflerAssociate