Matheos Realty Group has been exclusively retained to represent ownership in the sale of a well-maintained,
income-producing four-building multifamily portfolio located in the heart of Sunset Park, Brooklyn. The portfolio
consists of 114 residential units—112 of which are rent-stabilized and 2 free market—spanning approximately
84,520 square feet.
Meticulously managed, each building features on-site laundry facilities and offers a quality living environment,
contributing to strong tenant retention and long-term stability. With a total gross annual income of $2,283,789
and a net operating income of $1,315,569, the portfolio presents a rare opportunity to acquire significant scale in
one of Brooklyn’s most resilient and demand-driven submarkets.
Ownership would consider breaking up the package.
Portfolio Breakdown:
• 601 40th Street, Brooklyn, NY | 43-Units – Asking Price: $9,000,000
• 614 40th Street, Brooklyn, NY | 35-Units - Asking Price: $6,200,000
• 576 39th Street, Brooklyn, NY | 20-Units - Asking Price: $2,700,000
• 4219 7th Avenue, Brooklyn, NY | 16-Units - Asking Price: $2,400,000