305 UNION AVE Brooklyn NY 11211

16 fully occupied, free market units and 8 parking spots located at The Union BK Condominium

Opportunity to sell individual condos for at least $1,600/SF

Assumable debt of $10,200,000 for 2 years at 3.33%

15 year 421A tax abatement (12 years remaining)

The asset is currently achieving rents of $66/SF in a market where rents are north of $75/SF showing upside

Amenities include an underground parking garage with electric charging, residents’ lounge, fitness room, virtual doorman and a package room with cold storage

A modern and unique design with loft like living featuring 9’4” ceilings in most living spaces

A green oriented building, The Union BK Condominium utilizes many sustainable materials to benefit residents

Convenient transportation options with the L, G, J, M & Z trains. A short walk to trendy restaurants, cafes, bars, boutique shops, McCarren Park & more