Ownership Seeking Proposals at 1257 Rogers Avenue

Ownership Seeking Proposals

Property Snapshot

• A four-story multifamily property situated in the Flatbush neighborhood of Brooklyn

• 8 residential units featuring, hardwood floors, central air, in-unit washer/dryers and a private backyard and rooftop and accessible to tenants

• New construction completed in 2018

• 20 feet of frontage on Rogers Avenue

• This is a rare opportunity to acquire a fully free-market building that is also exempt from tenancy renewal rights and rent increase caps mandated by “Good Cause Eviction” for 30 years following the issuance of its 2021 Certificate of Occupancy

• The property benefits from a Tax Class 2B designation offering favorable tax treatment

• Short walk to the Newkirk Ave/Little Haiti Subway Station, 2 and 5 trains.