Meridian Capital Group
Meridian Investment Sales

1288 East 19th Street

1288 East 19th Street

Located between avenues L & M

Newly Constructed Multifamily Elevator Building Containing 37 Units

Type Multifamily
Neighborhood Midwood
Properties One
Lot Size 8,913 Square Feet
Zoning Code R7A
Size 42,739 Square Feet
Stories 8 Stories
Units 37 Units
Air Rights Overbuilt

Investment Highlights:

Team Hess of Meridian Investment Sales is pleased to present the Exclusive Offering for 1288 East 19th Street, a newly constructed multi-family building located between avenues L & M in Midwood, Brooklyn. The 42,739 SF building contains 37 units split between one and two bedrooms. Completed in 2017, the offering presents investors with a rare opportunity to acquire a new construction, turn key property in a highly sought after residential neighborhood. Investors of the property will also enjoy Low taxes for the next 12 years as the building has a 421a tax abatement. The building sets a new standard for the neighborhood with its world class list of amenities and luxurious units. Each unit
contains large closet space, open kitchen layouts with top of the line appliances and over-sized windows allowing for excellent natural light and air. Some units include private garden or balcony space as well as washers and dryers. All residents will also have access to the in-building fitness center and massive outdoor patio.

Located in Midwood, the property is well located near many of Brooklyn’s most popular attractions such as Marine Park and Brooklyn College attracting both families as well as young adults to the neighborhood. 1288 East 19th Street is only a short walk from Q subway line at the Avenue M subway station allowing for quick travel through Brooklyn and up to Manhattan.