1201 Broadway, Suite 401, NYC 10001 | 212-228-6795|info@bridgepany.com
In Contract
$5,000,000

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984-988 Greene Avenue

Bridge Property Advisors has been exclusively hired to arrange the sale of 984-988 Greene Avenue. The property consists of two 16-unit rent stabilized multi-family buildings on one tax lot. Each building measures 50’ x 95’ per floor for approximately 19,000 gross square feet per building. The total building square footage is 38,000.

984-988 Greene Avenue are bound to an HPD Regulatory Agreement for another 11 years with tenant income qualifications up to 80% Area Median Income (AMI). The buildings also have an Article XI tax abatement in place. Each building is comprised of 1 (one) 1BR apartment; 1 (one) 2BR apartment; and 14 (fourteen) 3BR apartments. 984-988 Greene Avenue is 3 blocks south of the J-train at Kosciuszko Street and walking distance to all of the retail, restaurants, and shopping along the Broadway and Bushwick Avenue corridors.

Property Overview

Address : 984-988 Greene Avenue, Brooklyn, NY 11221
Building Class : C1
Lot SF : 12000
Block_Lot : 01622_0034
Lot Dimensions : 100' x 120'
Building SF : 38000

Zoning

Zoning : R6B
FAR : 2.0

Taxes

Taxes : Article XI Tax Abatement

Attachments

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Brian T. Leary
[email protected] (718) 906-6660
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