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Portfolio of 1,904 affordable units across 48 buildings in Bronx
New York City’s multifamily market experienced a robust first quarter with dollar volume totaling $2.87 billion, a 451 percent increase compared to 1Q 2021 and well above the five-year quarterly average of $1.90 billion, according to Ariel Property Advisors’ 1Q 2022 Multifamily Quarter in Review.
Premier 41,583 BSF Downtown Brooklyn Development Opportunity: 127 Concord Street
MAY
13
127 Concord Street is a 41,538 BSF (as-of-right) development site located between Jay Street and Flatbush Avenue in the shadow of the New York City College of Technology’s campus in Downtown Brooklyn.
3 Unit Mixed-use Building with Garage: 1797 Flatbush Avenue
MAY
13
The building stands three stories tall and encompasses approximately 3,846 gross square feet. The unit mix consists of one (1) two-bedroom / two bath residential unit with terrace and one (1) three bedroom / two bath unit over one (1) retail unit.
Mixed-Use Building in Prime Retail Corridor: 101-109 East Burnside Avenue & 2054-2062 Morris Avenue
MAY
12
101-109 East Burnside Avenue and 2054-2062 Morris Avenue is a corner mixed-use assemblage consisting of 24,316 gross square feet. It is situated on the Northeast corner of East Burnside Avenue and Morris Avenue in the Mount Hope section of the Bronx.
