1656 Dekalb Avenue, Brooklyn, NY

1656 Dekalb Avenue, Brooklyn, NY

INVESTMENT OVERVIEW

In 2019, Avenues Equity Partners. bought 1656 Dekalb Ave at $1.35M. Three of six apartments were vacant.

Avenues Equity Partners. spent $200K on high-end renovation and upgraded vacants, common areas, basement, and roof to terrace garden.

The 3 updated units rented at top market value rates. First refinancing expected Q1 2021.