MALCOLM X BLVD

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Free Market 9 unit Muti-Family for SALE

REAL STREET has been retained on an exclusive basis to arrange for the sale of 100 Malcolm X Blvd. located in the Bedford Stuyvesant neighborhood of Brooklyn. The subject property is a FREE MARKET NEW CONSTRUCTION Multi-Family rental building consisting of 9 residential units spread across 5 stories and a finished basement. The first floor is a floor-thru plus half of the basement and the other 4 stories are split in half with front and
rear units. The front half of the basement is a laundry room (bringing in income), bike room (currently no cost), and meter/utilities.
Finished construction in 2021 and leased out in a couple of weeks, there is room to increase rents as the market fully recovers from COVID.
The units are all individually metered with their own Heating & Cooling systems and hot water tanks to minimize expenses. They also all feature private outdoor spaces with the backyard for the duplex unit and balconies for all the other units. There is also a shared roof. Designer kitchens equipped with stainless steel appliances including a dishwashers & microwaves. Dark hardwood flooring throughout, tall ceilings, sconces in the living rooms & bedrooms plus plenty of closet space. Sleek Modern bathrooms with wall hung toilets, large vanity's and deep soaking tubs. There is also a butterfly virtual doorman system in place. Shared laundry room which brings in additional rent, and a bike room currently at no charge.