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328 Atlantic Avenue is a boutique condominium by Avenues Equity Partners.
Located in Boerum Hill, it will have 4 luxury residential units and a retail space on the ground floor. The project costs $7.5M, with expected sales of $12.5M.
531 Pacific Street is a four-story walk-up apartment building located in the luxurious neighborhood of Boerum Hill, Brooklyn. Constructed in 1899, the building totals approximately 3,267 sqf and is steps away from popular commercial areas, major subway lines, and the renowned Barclays Center.
The neighborhood is rapidly growing and developing, making it one of Brooklyn’s most sought-after areas.
In 2019, Avenues Equity Partners. bought 1656 Dekalb Ave at $1.35M. Three of six apartments were vacant. Avenues Capital 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.
132 Macon Street is a 4-story building with 6 residential units, which was purchased by Avenues Equity Partners. for $1.57M.
Avenues Equity Partners. had and invested approximately $330K for renovating the building which included the renovation of all 6 apartments, as well as the common areas, basement, and roof.
The renovations were completed in the summer of 2020, and all 6 apartments had been rented. Refinancing is completed, market value of the building is $3.3M.
19-28 Linden Street Queens, NY was purchased by Avenues Equity Partners. in 2020, the building is currently undergoing massive renovations.
The building is being remodeled and all the building’s systems will be upgraded to the highest standards.
Once the building is ready it will rent for top market rents. After the building is fully rented it will be refinanced and repositioned based on its new cash flow.
We managed to secure the purchase price of $1,1M. Avenues Equity Partners. plans to convert the 2 family building to luxury 2-unit townhome.
The projected sales are expected to yield $2.6M-$2.9M.
The project is expected to take 16 Months from closing to sell off the property.
341 Tompkins Avenue, is a 3-story walk-up building located in the Bedford–Stuyvesant neighborhood in Brooklyn.
The property consists of three free market residential units.
Avenues Equity Partners. purchased 341 Tompkins Avenue in December 2020 and is currently renovating the building. The renovations and layout optimization are expected to generate premium rents maximize and profitability
226 Putnam Avenue, a vacant 2 family home located on the border of Bedstuy and Clinton Hill, will be a luxurious Condo.
The apartments will have top-notch amenities including a luxury open kitchen, in-unit laundry, and floor-to-ceiling windows with a balcony.
Each unit includes private storage in the basement. The building is centrally located near shopping, entertainment, and public transportation.
1219 Atlantic Avenue, is a vacant 3 unit mixed-use building. Two of the units are residential and one unit is commercial. The building is located in the Bedford-Stuyvesant neighborhood. The Building was burned two years ago and needs significant rehabilitation.
Avenues Equity Partners. managed to secure the purchase at below market price and is currently working on rehabilitating the building
638 West End Avenue is a thirteen unit multifamily building located on the corner of West 91st Street and West End Avenue.
The property is just minutes away from the area’s attractions: Central Park, Riverside Park, the Museum of Natural History, Broadway, and all the restaurants and boutiques that make up the neighborhood.
The townhouse is in close proximity to the 1 subway line on West 86th/96th Street and Broadway.
142 West 87th Street is a ten unit multi family townhouse located on West 87th Street between Columbus Avenue & Amsterdam Avenue.
The property is just minutes away from the area’s attractions: Central Park, Riverside Park, the Museum of Natural History, Broadway, and all the restaurants and boutiques that make up the neighborhood.
The townhouse is in close proximity to the 1 subway line on West 86th Street and Broadway and the B & C subway lines at West 86th Street and Central Park West.
215 West 109th street is a rental building located at the heart of UWS, near Columbia University. This 6 story building from 1910 has 25 units with high ceilings, laundry room, and great character.
Avenues Equity Partners. purchased the building in October 2022, with the plan to renovate all free market apartments and bring them to top market rents. The new value of the building after renovation is projected to be $12,877,917.19 with an annual return of 18.68% over the next 5 years.
Welcome to a new standard in real estate management – welcome to Avenues Property Management.
Reach out to us so we can give you our full attention as we delve into the process of property investment.
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