21 Montrose Ave
Brooklyn, NY 11206
Immeuble residentiel Propriété À vendre · 34 Unités

21-25 Montrose Avenue presents a rare opportunity to acquire a 34-unit free-market multifamily asset in the heart of Williamsburg, Brooklyn. This seven-story elevator building spans approximately 29,250 square feet and offers a desirable mix of six one-bedroom and twenty-eight two-bedroom apartments, each featuring modern finishes such as stainless steel appliances, in-unit washer and dryer, and floor-to-ceiling windows.
The property benefits from a recently transitioned free-market status following the expiration of its tax abatement in June 2025, positioning new ownership to capture immediate mark-to-market upside. Additionally, the building is exempt from Good Cause Eviction, further enhancing revenue potential. An assumable $10,034,203 loan at a fixed 3.48% interest rate, maturing in July 2032, provides an attractive financing option for investors.
Residents enjoy premium amenities including a communal rooftop terrace with skyline views, a fitness center, secure bike room, on-site storage, and a parking garage. Located just steps from Broadway and Lorimer Street subway stations, the property offers seamless access to the J, M, and G lines, ensuring quick connectivity to Manhattan, Long Island City, and other key destinations.
This offering combines strong in-place income with significant upside potential in one of Brooklyn’s most dynamic neighborhoods, making it an exceptional investment opportunity.