800 Bergen Street

Investment Overview

Avison Young, as the exclusive agent, is pleased to offer for sale 800 Bergen Street (the “Property”), an 8-story, 52’ elevator building located on the south side of Bergen Street between Grand Avenue and Classon Avenue in Prospect Heights. The building consists of thirty-two (32) residential units. The property was constructed in 2001 and benefits from a 421A abatement, which has 2 years remaining, offering short term free-market rental upside. The unit mix consists of 9 Studios, 15 1BD and 8 2BD/1BA.

Investment Highlights

• Mix of spacious studio, one, and two- bedroom residences, many with private outdoor space
• Tangible rental upside through a value-add business plan as the 421a abatement burns off
• 421a tax abatement, expiring in June 2028
• Surrounded by a strong mix of neighborhood dining, cafés, and nightlife throughout Prospect Heights
• Located within easy access to multiple transit options including the 2/3/4/5/A/C lines