1063 New Lots Ave

The subject property is a three-story, brick, multi-family building that contains six rent stabilized units. Of the six apartments, all are currently occupied however one will be delivered vacant. Four of the six units have been recently renovated and the building’s electrical system has been updated as well. Located in the East New York section of Brooklyn, the property is 0.46 miles from the number 3 subway line at New Lots Avenue Station and 0.62 miles from the A/C subway line at the Euclid Avenue Station.