5923 Strickland Ave

Massey Knakal has been retained on an exclusive basis to sell this mixed-use elevator building located on 5923 Strickland Avenue. The building was completed in 2006 and is located between 56th Drive and National Drive in Brooklyn’s Marine Park Neighborhood. The building combines for approximately 50,862 square feet with 20 residential units and 30,000 square feet of commercial space. The breakdown of the residential units consists as such: 1 (1)-bedroom apartment, 16 (2)-bedroom apartments, and 2 (3)-bedroom apartments. The residential units are currently in year 8 of 15 of their 421 A tax benefit which will come to an end in 2022. The commercial space is currently in year 9 of 15 of it’s ICIP tax benefit which will come to an end in 2020.