05/26/2026
Now under contract! 105 unit RS in Kensington, Brooklyn. Last asking $11,600,000. Mint condition asset above a 7% cap rate and ~$100/foot. No violations. Long term owner seller. If you would like to understand rent regulated values and the rent regulated opportunity pls reach out at [email protected] or 718-475-4369
There are diamonds in the rough available at generational wealth building basis/pricing. The winds will shift as they do in any cycle , eventually. The question of timing is one that is reflected in price today.