Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Bushwick/Ridgewood Multifamily Portfolio 14 Multifamily Properties Offered at $52,147,202 CAD in Multiple Locations

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Incredible Scale In Unmatched Location: Opportunity to build significant scale in NYC’s most dynamic submarket
Upside In Rents: The portfolio’s current rent roll can be improved by roughly 7-10% attributable to growth in the local rental market
Separate Utilities: 66 of 96 units have separate utilities, where tenants are responsible for their own heat and hot water

85% Free Market Income: $2.65M of the total $3.125M current gross income can be attributed to free-market units
Mostly Renovated: 70% of the portfolio has been meticulously renovated, with high-end finishes, basement duplexes, etc
Significant Light & Air: 11 of 15 buildings have large air shafts, providing ample light and air for proper apartment layouts

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Taxes & Operating Expenses (Actual - 2026)	Annual (CAD)
Gross Rental Income	$4,153,861
Other Income	-
Vacancy Loss	$124,616
Effective Gross Income	$4,029,246
Taxes	$318,748
Operating Expenses	$655,432
Total Expenses	$974,180
Net Operating Income	$3,055,066

Taxes & Operating Expenses (Actual - 2026)

Gross Rental Income (CAD)
Annual	$4,153,861

Other Income (CAD)
Annual	-

Vacancy Loss (CAD)
Annual	$124,616

Effective Gross Income (CAD)
Annual	$4,029,246

Taxes (CAD)
Annual	$318,748

Operating Expenses (CAD)
Annual	$655,432

Total Expenses (CAD)
Annual	$974,180

Net Operating Income (CAD)
Annual	$3,055,066

Property Facts

Price	$52,147,202 CAD	Number of Properties	14
Price / SF	$641.20 CAD / SF	Individually For Sale	12
Sale Type	Investment	Total Building Size	81,327 SF
Status	Active	Total Land Area	0.85 AC

Price	$52,147,202 CAD
Price / SF	$641.20 CAD / SF
Sale Type	Investment
Status	Active
Number of Properties	14
Individually For Sale	12
Total Building Size	81,327 SF
Total Land Area	0.85 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
57 Troutman St, Brooklyn, NY 11206	Multifamily	6,375 SF	1931	$1,894,410 CAD
271 Malcolm X Blvd, Brooklyn, NY 11233	Multifamily	6,240 SF	1900	$3,870,300 CAD
49 Saint Nicholas Ave, Brooklyn, NY 11237	Multifamily	5,832 SF	1931	$1,833,300 CAD
393 Bleecker St, Brooklyn, NY 11237	Multifamily	5,400 SF	1931	$3,252,410 CAD
188 Suydam St, Brooklyn, NY 11221	Multifamily	4,500 SF	1931	$3,259,200 CAD
1511 DeKalb Ave, Brooklyn, NY 11237	Multifamily	4,275 SF	1931	-
6147 Woodbine St, Ridgewood, NY 11385	Multifamily	9,200 SF	1930	$4,753,000 CAD
1673 Woodbine St, Ridgewood, NY 11385	Multifamily	6,600 SF	1930	$3,530,800 CAD
791 Onderdonk Ave, Ridgewood, NY 11385	Multifamily	5,780 SF	1930	$2,851,800 CAD
1825 Cornelia St, Ridgewood, NY 11385	Multifamily	5,600 SF	1930	-
1823 Cornelia St, Ridgewood, NY 11385	Multifamily	5,600 SF	1930	$2,274,650 CAD
1675 Woodbine St, Ridgewood, NY 11385	Multifamily	5,600 SF	1930	$2,851,800 CAD
18-89 Cornelia St, Ridgewood, NY 11385	Multifamily	5,600 SF	1930	$2,987,600 CAD
17-26 Woodbine St, Ridgewood, NY 11385	Multifamily	4,725 SF	1930	$3,395,000 CAD