571 Ocean Parkway

$15,250,000

571 Ocean Parkway

ASKING Price:

$15,250,000

Property Type:

Multi-Family

borough:

Brooklyn

Gross square feet:

24538

NUMBER of UNITS:

30

ZONING:

R7A

Property Description:

Raven Property Advisors has been exclusively retained to sell 571 Ocean Parkway, a new construction 421a multifamily building located along the Ocean Parkway corridor in Kensington, Brooklyn. This elevator-serviced building consists of 29 apartments and one commercial space and is situated within walking distance of several subway stations. At approximately 25,000 gross square foot, the building benefits from a 35-year 421a tax abatement (70/30) and each unit is provided with separate heating and cooling systems that are the tenants responsibility.

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Rich Velotta
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SENIOR ASSOCIATE
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