• New Construction with Strong Free Market Rent Profile: Recently delivered in 2024, the property features 24 free market units (70%+ of the building) achieving strong rents reflective of high-quality, modern product in a premier Brooklyn location.

• Lease-Up Opportunity with Immediate Upside: Currently ~76.5% occupied, offering investors the ability to drive near-term revenue growth through continued lease-up and stabilization.

• 421a (16) – 35-Year Tax Abatement: Significant tax savings enhance cash flow and investment returns, with long-term protection against rising real estate taxes.

• Prime Boerum Hill / Gowanus Location: Situated at the crossroads of Boerum Hill, Park Slope, and Gowanus— one of Brooklyn’s most dynamic and supply-constrained residential corridors with strong renter demand.