Investment Overview

Marcus & Millichap is pleased to present the exclusive listing located at 53 Arlington Avenue in the Cypress Hills section of Brooklyn, NY. The building offers an oversized 3-story apartment building, with 6 total units, delivered fully occupied. The building offers 27.5 feet of frontage along Arlington Avenue between Van Siclen Ave & Miller Avenue. (Block: 03917; Lot: 0023). The buildings combined square footage is approximately 5,600 square feet with cutouts on the side of the building and sits on a 2,750 square foot lot. The building sits within a protected tax class (2A). 53 Arlington Avenue offers 2 apartments on each floor with left and right unit layouts. Each unit is extremely spacious, approximately 800 square feet, with 2-bedroom, 1-bathroom layouts and a full kitchen and living room. 5 of the 6 units have been updated and offer higher legal rents, providing for tremendous upside upon vacancies. The property is located in Cypress Hills, a true reflection of Bushwick, within walking distance to 6 different train lines, making it convenient get almost anywhere throughout NYC.