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2708-2718 Church Ave, Brooklyn, NY 11226
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2708-2718 Church Ave, Brooklyn, NY 11226
New Construction Multifamily | 69 Apartments, 5 Commercial
$56,000,000
Sales price
$660/SF
Price per Ft
7.25%
Cap Rate
- Prime Corner Mixed-Use Asset: A modern, 6-story elevator building featuring 69 residential apartments, 5 prime commercial spaces, a dedicated community facility, and 35 on-site parking spaces.
- 35-Year Tax Abatement: Benefits from a brand-new, 35-year Affordable NY Tax Abatement, offering an attractive revenue split of 70% free-market units and 30% affordable housing.
- Premium Amenity Package: Fully equipped with a state-of-the-art gym, dedicated bike room, virtual doorman, recreation center, central laundry, secure storage, parking, a scenic roof deck, and an expansive wraparound terrace.
- Prime Transit-Oriented Location: Situated on a high-traffic retail corridor in the heart of Prospect Lefferts Gardens, surrounded by a vibrant mix of shopping, dining, and local entertainment.
- Exceptional Connectivity: Strategically located within short walking distance of the Church Avenue subway station, offering seamless access to major transit lines.