Property Type:
Multi-Family
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$3,299,999
List Date:
2/18/2026
Last Modified:
3/22/2026
Description
This fully renovated multifamily asset offers turnkey stability with modernized units that
support premium rents, strong leasing velocity, and minimal near-term capital needs. This
asset is unique in that it's historically proven to support multiple business plans to include
short term, mid-term and conventional revenue models. A 12-year tax abatement
enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout
the hold period.
For qualified purchasers, Seller is offering carryback financing with flexible terms, creating
a more efficient capital structure and lowering the required equity at closing.
This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor
capital improvement plans, further supports stability of location and long-term growth
projection.
Curb offers only
Supplements: ********
Last Updated: March - 22 - 2026
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