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Type:
Multifamily
Sq Ft:
10,396
Units:
Property Description
Investment Property Realty Group (IPRG) is pleased to present 340 Irving Avenue, a modern new construction building that received its Final CO in 2020. With no tax abatement or exemption, the property is a true statutorily free market asset, offering long-term income stability and maximum operational flexibility.
Built 34.67 ft × 58 ft, the property features an efficient layout with a desirable mix of one- and two-bedroom apartments, appealing to the strong tenant base drawn to the neighborhood. The building has been impeccably maintained since completion and benefits from high-quality construction and contemporary finishes throughout.
Situated in a prime Bushwick location, just steps from the Myrtle–Wyckoff L/M trains, the property offers exceptional connectivity and consistent rental demand. Surrounded by a vibrant mix of local retail, dining, and neighborhood amenities, 340 Irving Avenue presents an outstanding opportunity to acquire a turnkey, cash-flowing multifamily asset in one of Brooklyn’s most dynamic and evergrowing submarkets.
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Block & Lot:
03344-0133
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Neighborhood:
Bushwick
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Cross Streets:
Gates Avenue & Palmetto Street
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Building Dimensions:
34.67 ft x 58 ft
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Lot Dimensions:
20 ft x 100 ft
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Units:
10
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Total Approx. SF:
10,396
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Zoning:
R6
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FAR:
2.43
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Tax Class:
2B
