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INVESTMENT
OPPORTUNITY
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH| Licensed Real Estate Salesperson
PH: 516.441.2646 [email protected]
ELLIMAN.COM/COMMERCIAL
32 FOUNTAIN AVENUE
BROOKLYN, NEW YORK
32 FOUNTAIN AVENUE- BROOKLYN NY
Douglas Elliman Commercial is pleased to Present This Rare Investment
Opportunity Exclusively Presented By Hootan Moeirzadeh:
Welcome To This 7 Unit Multi-Family Building in Brooklyn, New York. Currently
Under Development, Centrally Located Near Public Transportation; Train (A & J) and Bus, Schools, Parks (Highland Park Community Garden), Post Office, Houses
Of Worship, Library, YMCA (Local Community Center), Fitness Center/Gym,
Multiplex Cinemas-Theater, National Brands Such as Chase Bank & Capital One
Bank, Walgreens (Pharmacy), McDonald’s, Wendy’s, Dunkin Donut, Little Caesar,
White Castle, Family Dollar, BP Gas Service Station and A Variety of Other Local
Businesses Like Supermarkets, Grocery Stores/Delis, Local Authentic
Restaurants & Bars, Pizzerias, Jewelry Shops, Clothing Stores, Furniture Stores
and Much More…
It Will Consist of Approx. 6,900 +/- Residential Units Comprised Of:
(1) One x 3 Bedroom Unit,
(3) Three x 2 Bedroom Units,
(3) Three x 1 Bedroom Units.
This Brand New 7 Unit Multi-Family Building is Located In a Highly Desirable “Up
and Coming” Neighborhood in The Cypress Hill Section of Brooklyn, New
York. The Projected Annual Cap Rate Of 8-10+/%. An Excellent Investment
Opportunity With Exceptional Upside Potential.
Stunning Brick and Stucco Building Which Will Be Featuring Hardwood Floors
Throughout, Fujitsu Split HVAC Systems in Each Unit. Each Unit Will Be
Equipped With It’s Own Electric and Gas Meter.
*The Building Will Offer Private Parking For Residents.*
*1st Floor Will Be Handicap Accessible.*
Anticipated Completion Date: March 2019.
PROPERTY OVERVIEW
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
PROPERTY DETAILS:
• SECTION/BLOCK/LOT: 3 - 04154 - 0061
• LOT SIZE: 50’ x 100’
• BUILDING SIZE: 40’ x 57’
• PARKING: 5 X PRIVATE
• CAP RATE: 8% - 10% +
• ZONING: R5B
• BUILT: 2019
• ASKING PRICE: AVAILABLE UPON REQUEST
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
PROPERTY OVERVIEW
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
PROPERTY OVERVIEW
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
PROPERTY OVERVIEW
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
PROPERTY OVERVIEW
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
FLOOR PLANS
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile
SITE SURVEY
EXCLUSIVE AGENT:
HOOTAN MOEIRZADEH|
Licensed Real Estate Salesperson
PH: 516.441.2646 Mobile