1711 East 15th Street

Massey Knakal Realty Services has been retained on an exclusive basis to market 1711 East 15th Street, located in the highly sought after neighborhood of Gravesend and half a block from the major retail corridor of Kings Highway. Recently acquired in a distressed sale, a new buyer has an opportunity to capitalize on enormous upside potential with eight of the units being delivered vacant (plus one additional expected vacant by November), presenting a unique opportunity to renovate and reposition the building immediately upon acquisition.

Located within 400 feet of the Kings Highway B&Q subway terminal, the surrounding neighborhood is ripe with heavy foot traffic retail and a mixture of residential apartment buildings and low density residential homes. Major brands in the immediate area include Chase, Citibank, Bank of America, T-Mobile and Dunkin Donuts, providing desirable services for residential owners and renters alike. 1711 East 15th Street is ideal for a condominium conversion or an upgraded rental property once renovations are complete.