Multifamily
518 Meeker Avenue
518 Meeker Ave, Brooklyn, NY 11222
Listing Price: $3,850,000
Investment Overview
Marcus & Millichap is pleased to offer 518 Meeker Avenue. With approximately 9,682 Above Grade SF, 518 Meeker Avenue provides investors with a new construction asset developed in 2005 with minimal capex and some value-add potential - whether through turnover/lease-up, adding amenities or condo repositioning. Available on an "as-is" basis, 518 Meeker Avenue is asking an attractive new construction basis, although 100% RS through 2033 due to a settlement with HPD.
Investment Highlights
- 518 Meeker Avenue is a 10-Unit Elevator Building Spanning 9,682 Gross SF on a 50' x 63' Lot.
- High-End Finishes and Appliances |100% Rent Stablized through 2033 | 2005 New Construction
- Prime Williamsburg/Greenpoint Location with Access to Graham Avenue L-Train and Nassau Avenue G-Train.
Listing Price: $3,850,000
Investment Highlights
- 518 Meeker Avenue is a 10-Unit Elevator Building Spanning 9,682 Gross SF on a 50' x 63' Lot.
- High-End Finishes and Appliances |100% Rent Stablized through 2033 | 2005 New Construction
- Prime Williamsburg/Greenpoint Location with Access to Graham Avenue L-Train and Nassau Avenue G-Train.
Investment Overview
Marcus & Millichap is pleased to offer 518 Meeker Avenue. With approximately 9,682 Above Grade SF, 518 Meeker Avenue provides investors with a new construction asset developed in 2005 with minimal capex and some value-add potential - whether through turnover/lease-up, adding amenities or condo repositioning. Available on an "as-is" basis, 518 Meeker Avenue is asking an attractive new construction basis, although 100% RS through 2033 due to a settlement with HPD.