Property Description for 108 Kenilworth Place
New Elevator building with 19 apartments, 2 community facility spaces, and 10 parking spaces located half a block from Brooklyn College. Tenants pay their own heat and hot water. Tax abatement in place. We are currently in year 2 of 15 year 421-a tax exemption and in year 5 of 25 year ICIP tax exemption. Very low expenses and excellent NOI. All units are free market. The subject is 1 block away from the Flatbush Avenue 2 & 5 train with direct service to Manhattan.