Property Summary

• Address: 1917 Cropsey Avenue, Brooklyn, NY

• Submarket: Southwest Brooklyn / Bath Beach

• Product Type: Multifamily

• Gross Building Area: ~14,400 SF

• Lot Area: 6,184 SF (50' x 121')

Rent Roll Summary

• Residential Units: 16

• Occupancy: 100%

• Residential Stabilization: 100% rent-stabilized

• Average In-Place Rent: ~$1,533 per unit

• Average Legal Rent: ~$1,600 per unit

Market Advantages – Southwest Brooklyn Multifamily Submarket

• Southwest Brooklyn vacancy of 1.3%, well below the metro average of 3.1%, reflecting strong and durable renter demand.

• Severely limited new supply, with future deliveries expected to remain in line with historically low levels.

• Strong fundamentals, with sales volumes growing 25% in the last year