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INVESTMENT OPPORTUNITY EXCLUSIVE AGENT: HOOTAN MOEIRZADEH| Licensed Real Estate Salesperson PH: 516.441.2646 [email protected] ELLIMAN.COM/COMMERCIAL 32 FOUNTAIN AVENUE BROOKLYN, NEW YORK

INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

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Page 1: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

INVESTMENT

OPPORTUNITY

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH| Licensed Real Estate Salesperson

PH: 516.441.2646 [email protected]

ELLIMAN.COM/COMMERCIAL

32 FOUNTAIN AVENUE

BROOKLYN, NEW YORK

Page 2: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

32 FOUNTAIN AVENUE- BROOKLYN NY

Douglas Elliman Commercial is pleased to Present This Rare Investment

Opportunity Exclusively Presented By Hootan Moeirzadeh:

Welcome To This 7 Unit Multi-Family Building in Brooklyn, New York. Currently

Under Development, Centrally Located Near Public Transportation; Train (A & J) and Bus, Schools, Parks (Highland Park Community Garden), Post Office, Houses

Of Worship, Library, YMCA (Local Community Center), Fitness Center/Gym,

Multiplex Cinemas-Theater, National Brands Such as Chase Bank & Capital One

Bank, Walgreens (Pharmacy), McDonald’s, Wendy’s, Dunkin Donut, Little Caesar,

White Castle, Family Dollar, BP Gas Service Station and A Variety of Other Local

Businesses Like Supermarkets, Grocery Stores/Delis, Local Authentic

Restaurants & Bars, Pizzerias, Jewelry Shops, Clothing Stores, Furniture Stores

and Much More…

It Will Consist of Approx. 6,900 +/- Residential Units Comprised Of:

(1) One x 3 Bedroom Unit,

(3) Three x 2 Bedroom Units,

(3) Three x 1 Bedroom Units.

This Brand New 7 Unit Multi-Family Building is Located In a Highly Desirable “Up

and Coming” Neighborhood in The Cypress Hill Section of Brooklyn, New

York. The Projected Annual Cap Rate Of 8-10+/%. An Excellent Investment

Opportunity With Exceptional Upside Potential.

Stunning Brick and Stucco Building Which Will Be Featuring Hardwood Floors

Throughout, Fujitsu Split HVAC Systems in Each Unit. Each Unit Will Be

Equipped With It’s Own Electric and Gas Meter.

*The Building Will Offer Private Parking For Residents.*

*1st Floor Will Be Handicap Accessible.*

Anticipated Completion Date: March 2019.

PROPERTY OVERVIEW

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 3: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

PROPERTY DETAILS:

• SECTION/BLOCK/LOT: 3 - 04154 - 0061

• LOT SIZE: 50’ x 100’

• BUILDING SIZE: 40’ x 57’

• PARKING: 5 X PRIVATE

• CAP RATE: 8% - 10% +

• ZONING: R5B

• BUILT: 2019

• ASKING PRICE: AVAILABLE UPON REQUEST

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 4: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

PROPERTY OVERVIEW

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 5: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

PROPERTY OVERVIEW

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 6: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

PROPERTY OVERVIEW

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 7: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

PROPERTY OVERVIEW

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 8: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

FLOOR PLANS

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]

Page 9: INVESTMENT OPPORTUNITY - LoopNet · 2018. 8. 24. · 32 FOUNTAIN AVENUE- BROOKLYN NY Douglas Elliman Commercial is pleased to Present This Rare Investment Opportunity Exclusively

SITE SURVEY

EXCLUSIVE AGENT:

HOOTAN MOEIRZADEH|

Licensed Real Estate Salesperson

PH: 516.441.2646 Mobile

[email protected]