Stable Occupancy at Closing: With 100% commercial occupancy and 92% residential occupancy at delivery, the properties provide robust day one cash flow.

100% Free-Market Residential Units: All 12 residential units operate under free-market conditions, offering significant flexibility for future rent increases and maximizing long-term revenue potential in a high-demand market.

Strong In-Place Rent Profile: The residential units command an average monthly rent of $3,479 per unit, complemented by a retail lease at $102.78 per square foot, reflecting a competitive and resilient income stream underpinned by Fort Greene’s thriving rental market.

Premier National Retail Tenant: The 3,600-square-foot retail unit is anchored by JP Morgan Chase Bank, a creditworthy national tenant with a secure lease extending through 2029, ensuring stability and reliability for the retail component.

Exceptional Location: Strategically positioned at the bustling intersection of Vanderbilt and Myrtle Avenues in Fort Greene, the property benefits from proximity to cultural landmarks like the Brooklyn Academy of Music (BAM), the serene Fort Greene Park, and unrivaled transit access via Atlantic Terminal (2, 3, 4, 5, B, D, N, Q, R, and LIRR), the G train, and key bus lines (B38, B52), enhancing tenant retention and property value.