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1042 President Street

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1042 President Street
Prospect Heights | 55-unit Multifamily | 421a Tax Abatement
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$28,000,000 Sales price
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$674/SF Price per Ft
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6.4% Cap Rate
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70% Free-Market
  • Newly constructed 8-story multifamily with a total of 55 apartments and 22 parking spaces
  • New 35-year Affordable NY Tax Abatement 70% Free-Market / 30% Affordable
  • Building amenities include: Elevator, Bike Room, Gym, Laundry in Building, Package Room, Parking Available, and Virtual Doorman
  • Assumable loan
  • The property is located in Brooklyn, near shopping, dining and entertainment options
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Lev Mavashev Managing Principal
212.658.0955 lev(at)alpharealtyny(dotted)com
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Dasha Dadobaeva Associate
212.658.0870 dasha(at)alpharealtyny(dotted)com
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