CONTACT Nathan M. Horne, Esq. Lic. Associate RE Broker m. 706.255.5657 e. [email protected]Maxine Resnick Lic. Associate RE Broker m. 917.921.2166 e. [email protected]90 Fifth Avenue, 3rd Floor New York NY 10011 m. 212.913.9058 compass.com The information contained herein was obtained from sources deemed to be reliable; however Compass makes no guarantees, warranties or representations as to the completeness or accuracy thereof. Any information of special interest should be obtained through independent verification. E 5TH ST E 5TH ST GREENWOOD AVE GREENWOOD AVE CATON AVE CATON AVE FORT HAMILTON PKWY FORT HAMILTON PKWY Location Highlights ~10 Minute Walk to Fort Hamilton Pkwy & Church Avenue Stations, F & G Lines Walking Distance to 585-acre Prospect Park, Brooklyn’s only forest & the Prospect Park Zoo. Nearby entertainment includes Brooklyn Museum, the Children’s Museum, & Barclays Center. PROSPECT PROSPECT PARK PARK 3013-3015 Fort Hamilton Pkwy Brooklyn, NY 11218 3013 | 5 Family | 12 BRs | 1 Retail Space | 5,271 SF 3015 | 5 Family | 11 BRs | 1 Retail Space | 5,233 SF
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CONTACT
Nathan M. Horne, Esq.Lic. Associate RE Brokerm. 706.255.5657e. [email protected]
Maxine ResnickLic. Associate RE Brokerm. 917.921.2166e. [email protected]
90 Fifth Avenue, 3rd FloorNew York NY 10011
m. 212.913.9058compass.com
The information contained herein was obtained from sources deemed to be reliable; however Compass makes no guarantees, warranties or representations as to the completeness or accuracy thereof. Any information of special interest should be obtained through independent verification.
E 5TH ST
E 5TH ST
GREENWOOD AVE
GREENWOOD AVE
CATON AVECATON AVE
FORT HAMILTON PKWY
FORT HAMILTON PKWY
Location Highlights
~10 Minute Walk to Fort Hamilton Pkwy & Church
Avenue Stations, F & G Lines
Walking Distance to 585-acre Prospect Park, Brooklyn’s only
forest & the Prospect Park Zoo.
Nearby entertainment includes Brooklyn Museum, the Children’s
Museum, & Barclays Center.
PROSPECTPROSPECTPARKPARK
3013-3015 Fort Hamilton PkwyBrooklyn, NY 11218
3013 | 5 Family | 12 BRs | 1 Retail Space | 5,271 SF 3015 | 5 Family | 11 BRs | 1 Retail Space | 5,233 SF
Compass has been retained on an exclusive basis to arrange for the sale of
3013-3015 Fort Hamilton Parkway, part of the seven-building “Free-Market
brick buildings spread over 43’ of KWT Portfolio.” These two contiguous
street frontage on one of Windsor
Terrace’s favorite retail corridors,
and feature over 10,500 SF in total,
with ten renovated residential
units and two stores. The location
is well-established, is undergoing
significant appreciation, and is only
ten minutes from the F/G Lines at
the Fort Hamilton Pkwy station or
the SW corner of Prospect Park. With
an existing NOI of ~$282k, these
buildings are fully occupied and offer
a stable long-term investment, as well
as immediate upside with rents
currently below-market. Feel free to
reach out for
a setup, pro-forma, or for any
additional information.
Investment Overview
10 2 100%FREE MARKET
RESIDENTIAL UNITSCOMMERCIAL
STORE FRONTS
Long-term growth potential as a stable investment in an appreciating yet already-desirable neighborhood.
Immediate upside potential with retail units.OCCUPANCY
Income $326,266.32Expenses $44,344.46NOI $281,921.86Sale Price $5,995,000Cap 4.70%
Operating Statement
Market Rate Retail / SF $55.00Retail SF 1,752Market Rate Resi / SF $42.00Resi SF 8,752Pro Forma Income $463,944.00Expenses $44,344.46Misc. / Vacancy (3%) $13,918.32Pro Forma NOI $405,681.22Pro Forma Cap 6.77%