FINDING VALUE OTHERS OVERLOOK

110 BOERUM PLACE

BROOKLYN , NY 11201

RESIDENTIAL/RETAIL PROPERTY
 
PURCHASED: 2017
PARTNERS: Private Investors
PROPERTY: 2 stories; 11 residential units, 1 retail unit
 
 
The property is located in the Boerum Hill neighborhood of Brooklyn, NY, one block equidistant from popular Court Street, Smith Street and Atlantic Avenue. The 38,000 square-foot retail and residential building is comprised of 10 residential units and is currently home to a New York Sports Club, which has been at this address for more than 30 years.
 
The Boerum Hill submarket has seen an influx of young professionals over the past decade and this gentrification has driven investment in both residential and commercial developments to the area. Numerous high-end commercial and residential buildings are driving further change in the area.