Crown Heights, Brooklyn: Schuckman Realty has been exclusively retained to sell two fully renovated townhomes in Crown Heights Brooklyn at 117 Albany Ave and 1287 Sterling Street. Both townhomes have been fully gut renovated and are currently master leased to “Common Co-Living”.
“This is a great opportunity for an investor to come in and benefit from the security of the master lease in a post pandemic market and capture the upside in the years to come” said Baruch Edelkopf who is spear heading the marketing alongside his colleagues Joseph Rosenfeld and Steven Hakakian.
“Common Co-Living” is the leading residential brand and operating platform that designs, leases, and manages multifamily properties that appeal to today’s renters. Through smart design and tech enabled property management, “Common” delivers exceptional experiences across ten cities and over 4,500 members in co-living, microunit, and traditional apartments. “Common Co-Living” is the preferred choice for both residents looking for a stress free and all-inclusive living environment from a trusted brand, and for real estate owners seeking reliable, above market returns. The Common platform also includes workforce housing management brand “Noah” and family first urban designer and operator “Kin”. With over 18,500 units signed and under development and over $110 million in venture capital investment, Common is expanding into 22 cities across the world.
About Schuckman Realty Inc.: Schuckman Realty is a full service commercial real estate services firm serving New York City, Long Island, New Jersey, and the surrounding tri-state area. The Investment Sales team at Schuckman Realty Inc. brings vast and nuanced market knowledge, insight, and ingenuity to your portfolio from inception to completion. Schuckman Realty offers expertise in determining a property’s best use in terms of value gains to investors, extensive research and vetting process, access to qualified buyers and a proven sales & marketing team with a creative approach to maximize value.
Keywords: Townhomes For Sale, Co-Living, Common Co-Living, Investment Sales, Real Estate Investment Sales, Real Estate, Property for Sale, Brooklyn Townhomes, Brooklyn Real Estate, New York City Real Estate