OfferMarket
Off-Market Property Archive

This property is no longer actively listed. Off market since June 10, 2025. Interior photos, property details, and location data are preserved for neighborhood research and comparable analysis.

Last listed at 16,000,000.00

722 Banner Ave, Brooklyn, NY 11235, USA

$16,000,000

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Photos of the property

***Building appraised at 18.5 million in April 2021*** - seller is extremely motivated to sell! Willing to entertain any reasonable cash offer with proof of funds! 30 Units Total: 18 - 2 bedroom/2 bathroom 12 - 1 bedroom/1 bathroom ALL UNITS INCLUDE: **WASHER & DRYER ** PRIVATE BALCONIES ** Parking Garage and additional parking onsite ** Easy Access to the Belt Parkway ** Elevator in building ** Beautifully designed Units with hardwood flooring , private terraces, new appliances, high quality finishes All Rental Units - 90% Occupied Net Income - 1 million Tax Abatement - expires in 2026 Approved for 25,000 SqFt of additional space Medical Office in building - Rents for $17,000/month - 4500 SqFt Clear title - Quick Close 2 bedroom apartments rent for $2500-2700 1 bedroom apartments rent for $1800-2200 Parking Spots rent between $250-350
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