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Brooklyn Multifamily | Online Auction
387 Manhattan Ave - 21 Units
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Investment Highlights
- Built in 2017, and currently 100% occupied
- ±21-Unit elevatored Mixed-Use Building in the heart of Williamsburg
- Consists of ±2 studios, ±18 one-bedrooms, and ±1 groundfloor retail suite
- ±25 year 421a Tax Abatement and ±15 year ICAP
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Please contact Michelle Abramov at 646-767-6975 or Michelle@assetcrg.com to schedule.
387 Manhattan (the “Property”) is a ±21-Unit, Multi-Family/Retail Mixed-Use Building in Brooklyn, New York.
Conveniently located in the heart of Williamsburg, 387 Manhattan is nestled on a quiet, tree-lined street that is a short walk to major dining and shopping spots. Newly constructed in 2017, the Property consists of a 6-story, ±19,500 Gross SF elevatored mixed-use building situated on a ±0.11-acre parcel. Currently 100% occupied, it features a total of ±21 units: one (±1) ±525 SF groundfloor retail suite, two (±2) studios and eighteen (±18) one-bedrooms. The units are very spacious with large layouts, over-sized floor-to-ceiling windows, custom recessed lighting, marble bathrooms, and gourmet kitchens featuring marble counter-tops, stainless steel appliances, and abundant cabinet space. Additional amenities include a shared roof-deck, on-site parking (±6 total spaces), bike room, on-site laundry room, and state of the art voice intercom system. Well-positioned with great access to public transportation, the Property is located within close walking distance from the G and L subway lines, bus
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