992-994 Broadway

• Large Residential Unit Layouts: Corner exposure allows for ideal unit layouts, with upper floors consisting of four floor-through 4 Bedroom / 4 Bath apartments
• 100% Free Market: The subject property is fully free-market with no history of rent stabilization or rent control
• Strong Cash Flow: Currently grossing $400K with low taxes and separate utilities, resulting in healthy net operating income of $335K
• Renovated With High-End Finishes: The buildings are fully renovated with high-end appliances and fixtures, dishwashers, central air, in-unit laundry, and high ceilings
• Available Air Rights: The properties are zoned C4-4L (R7A residential equivalent), with 7,250+ SF of unused air rights for upward or outward expansion
• Transit Oriented Location: The J / M / Z trains are just two blocks away at Myrtle Avenue with access to Lower Manhattan and Broadway Junction within 20 minutes
• Neighborhood Amenities: Within blocks of grocery stores, restaurants, retail, fitness centers, and other neighborhood amenities along Broadway and Myrtle Avenue