The submarket reports are an in-depth look at the specific Investment Sales markets in Brooklyn, Bronx, Manhattan, Northern Manhattan and Queens.
We seek to provide our readers with an overview of the market activity, benchmark transactions, and pricing trends that impact each individual real estate market.
Park Slope Mixed-Use Building:
400 5th Avenue
The subject property is a 4,000 square foot, 4-story walk-up building with retail in a prime Park Slope location. The building contains 3 residential units above, 2 of which are free market and 1 rent-controlled unit which presents future opportunity for added value.
New Development Site In Prime Belmont Area:
4477 3rd Avenue
This 72.5’ x 100’ asset is located in an Inclusionary Housing Zone, that allows for a boost in FAR if developed with an affordable component.