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.