Deal Notes
• Large Brick Building.
• 25' of frontage allows for efficient 2-bedroom layouts.
• Opportunity to deregulate a six (6) unit brick multifamily building in Ridgewood.
• Only 2 blocks from L Train at Dekalb Avenue.
• Sought-Out Tax Class 2A Designation limiting how much assessed value can rise each
year - no more than 8% from the year prior, or 30% over five years. Caps remain in
place if building is converted into condominiums.
• Clean DOB and HPD violations record