Menu
Advanced Search
7 Building Portfolio,
Brooklyn, NY
Closed
$18,600,000
Overview
Bankruptcy Sale
7 Building Portfolio,
Brooklyn, NY
Description
Seven-building portfolio strategically located across Williamsburg, Greenpoint, Bushwick, and Crown Heights, the portfolio is comprised of 47 residential units and 3 retail spaces.
PORTFOLIO OVERVIEW
Northgate Real Estate Group is pleased to present a rare opportunity to acquire a seven-building portfolio through a Bankruptcy Sale scheduled for September 9th. Strategically located across Williamsburg, Greenpoint, Bushwick, and Crown Heights, the portfolio comprises 47 residential units and 3 retail spaces—approximately 85% of which are free market. The buildings are designated Tax Class 2A and 2B, offering favorable 12.5% tax treatment. In a market where the vast majority of multifamily assets for sale are encumbered by rent stabilization, this offering stands out as a unique chance to capitalize on rising rents, maintain units at market, and maintain long-term value. This is a prime opportunity to secure property across four of Brooklyn’s most dynamic neighborhoods, with a predominantly free-market unit mix and future upside potential.
Properties:
80 New York Avenue
346 Grand Street
81 Stockholm Street
83 Stockholm Street
169 Troutman Street
467 Central Avenue
729 Meeker Avenue
Auction Details
Bid Deadline: Tuesday, November 18th at 5:00 PM
Auction Date: Thursday, November 20th at 11 AM
(Sale Subject to Bankruptcy Court Approval)
Documents 
Description
Seven-building portfolio strategically located across Williamsburg, Greenpoint, Bushwick, and Crown Heights, the portfolio is comprised of 47 residential units and 3 retail spaces.
PORTFOLIO OVERVIEW
Northgate Real Estate Group is pleased to present a rare opportunity to acquire a seven-building portfolio through a Bankruptcy Sale scheduled for September 9th. Strategically located across Williamsburg, Greenpoint, Bushwick, and Crown Heights, the portfolio comprises 47 residential units and 3 retail spaces—approximately 85% of which are free market. The buildings are designated Tax Class 2A and 2B, offering favorable 12.5% tax treatment. In a market where the vast majority of multifamily assets for sale are encumbered by rent stabilization, this offering stands out as a unique chance to capitalize on rising rents, maintain units at market, and maintain long-term value. This is a prime opportunity to secure property across four of Brooklyn’s most dynamic neighborhoods, with a predominantly free-market unit mix and future upside potential.
Properties:
80 New York Avenue
346 Grand Street
81 Stockholm Street
83 Stockholm Street
169 Troutman Street
467 Central Avenue
729 Meeker Avenue
Property Id : 49345
Reviews
zzzWrite a Review
Similar Listings
20
Bankruptcy Sale
For Sale
4839 Wisconsin Avenue NW, Washington, D.C.
Commercial Mixed-Use | 25 FT of Frontage | 3,750 SF
2
3,750 SF
15
Bankruptcy Sale
For Sale
23
Bankruptcy Sale
For Sale
21
Bankruptcy Sale
For Sale
21
Bankruptcy Sale
For Sale
10
Featured
Bankruptcy Sale
Closed
143 Westchester Avenue
Prominent corner mixed-use building offering 8,100 SF in the heart of Port Chester’s prime ...
15
Bankruptcy Sale
For Sale
7614 4th Avenue, Brooklyn, NY
up to 55,000 BSF | 90 Ft of Frontage | Direct Access to R Subway Line
35,000 BSF
14
Bankruptcy Sale
For Sale
3 Building Portfolio, Bronx, NY
Mixed-Use & Multifamily Portfolio | 3-Buildings | 151-Units
5
137,460 SF
9
Featured
Bankruptcy Sale
For Sale
2617 Foster Avenue, Brooklyn, NY 11210
Corner multifamily building in Brooklyn, featuring 14 residential units
13,400 SF
11
Bankruptcy Sale
Closed
651 W 169th Street, New York, NY 10032
Corner mixed-use elevator building consisting of 21 residential units and 2 retail units.
