1-7 Dunham Place
1-7 Dunham Place WILLIAMSBURG| BROOKLYN
MARKETING TEAM
Shaun Riney
Peter Von Der Ahe
Michael Salvatico
Andrew Dansker, Financing Inquiries
16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4369 Fax: (646) 349-2282 [email protected] 16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4358 Fax: (646) 349 2282 [email protected]
Matthew Steinberg
16 Court Street, Suite 2A Brooklyn, NY 11241 Tel: (516) 662-5142 Fax: (646) 349-2282 [email protected]
270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5114 Fax: (646) 349-3308 [email protected] 270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5168 Fax: (212) 500-5110 [email protected]
1-7 Dunham Place TABLE OF CONTENTS
Section I
INVESTMENT OVERVIEW
Section II
PRICING & FINANCIAL ANALYSIS
Section III
PROPERTY DESCRIPTION
Section IV
MARKET OVERVIEW
INVESTMENT OVERVIEW
1-7 Dunham Place INVESTMENT OVERVIEW
1-7 Dunham Place is being offered for $10,450,000
INVESTMENT HIGHLIGHTS • • • • • • • • •
PRICING & FINANCIAL ANALYSIS
1-7 Dunham Place PRICING & FINANCIAL ANALYSIS
FINANCIAL OVERVIEW
CONFIDENTIAL OFFERING MEMORANDUM This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap
1-7 Dunham Place PRICING & FINANCIAL ANALYSIS
RENT ROLL
** 1 Dunham Place 2nd Floor has 2 Baths. All units in 1 Dunham are convertible 4 BR apartments. *** 7 Dunham Place feature large 2 BR/1 BA units that are easily convertible to 3 BRs with the possibility of creating 4 BR units. **** Residential units require minimal, if any, work to reach pro-forma rents. ****There is approximately 1200 SF of Available Air Rights on 7 Dunham Place.
CONFIDENTIAL OFFERING MEMORANDUM This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap
1-7 Dunham Place PRICING & FINANCIAL ANALYSIS
CASH FLOW
CONFIDENTIAL OFFERING MEMORANDUM This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap
PROPERTY DESCRIPTION
1-7 Dunham Place PROPERTY DESCRIPTIONS 1 Dunham Place
7 Dunham Place
Brooklyn
Brooklyn
2468-27
2468-26
Irregular
25' x 95'
1,500
2,375
27.58' x 49.67'
25' x 95'
Building SF
6,000
6,875
Zoning
C4-3
C4-3
3.40
3.40
0
1,200
Landmark District
None
None
Historic District
None
None
Annual Tax Bill
$17,788
$22,235
2A
2A
City State Block & Lot Lot Dimensions Lot SF Building Dimensions
Max FAR Available Air Rights
Tax Class
1-7 Dunham Place SUBJECT PROPERTY
1-7 Dunham Place BROADWAY STREET VIEW | EXTERIOR PHOTOS
1-7 Dunham Place DUNHAM PL. STREET VIEW | EXTERIOR PHOTOS
1-7 Dunham Place ROOF | EXTERIOR PHOTOS
1-7 Dunham Place ROOF | EXTERIOR PHOTOS
1-7 Dunham Place DONNA | INTERIOR PHOTOS
1-7 Dunham Place PRODUCTION SPACE | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place BASEMENT | INTERIOR PHOTOS
1-7 Dunham Place BASEMENT | INTERIOR PHOTOS
1-7 Dunham Place Mechanicals and Main Lobby| INTERIOR PHOTOS
1-7 Dunham Place 1 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place 1 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place 7 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place 7 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place MARKETING TEAM
Shaun Riney
Peter Von Der Ahe
Michael Salvatico
Andrew Dansker, Financing Inquiries
16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4369 Fax: (646) 349-2282 [email protected] 16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4358 Fax: (646) 349 2282 [email protected]
Matthew Steinberg
16 Court Street, Suite 2A Brooklyn, NY 11241 Tel: (516) 662-5142 Fax: (646) 349-2282 [email protected]
270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5114 Fax: (646) 349-3308 [email protected] 270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5168 Fax: (212) 500-5110 [email protected]
MARKETING TEAM
Shaun Riney
Peter Von Der Ahe
Michael Salvatico
Andrew Dansker, Financing Inquiries
16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4369 Fax: (646) 349-2282 [email protected] 16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4358 Fax: (646) 349 2282 [email protected]
Matthew Steinberg
16 Court Street, Suite 2A Brooklyn, NY 11241 Tel: (516) 662-5142 Fax: (646) 349-2282 [email protected]
270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5114 Fax: (646) 349-3308 [email protected] 270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5168 Fax: (212) 500-5110 [email protected]
1-7 Dunham Place TABLE OF CONTENTS
Section I
INVESTMENT OVERVIEW
Section II
PRICING & FINANCIAL ANALYSIS
Section III
PROPERTY DESCRIPTION
Section IV
MARKET OVERVIEW
INVESTMENT OVERVIEW
1-7 Dunham Place INVESTMENT OVERVIEW
1-7 Dunham Place is being offered for $10,450,000
INVESTMENT HIGHLIGHTS • • • • • • • • •
PRICING & FINANCIAL ANALYSIS
1-7 Dunham Place PRICING & FINANCIAL ANALYSIS
FINANCIAL OVERVIEW
CONFIDENTIAL OFFERING MEMORANDUM This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap
1-7 Dunham Place PRICING & FINANCIAL ANALYSIS
RENT ROLL
** 1 Dunham Place 2nd Floor has 2 Baths. All units in 1 Dunham are convertible 4 BR apartments. *** 7 Dunham Place feature large 2 BR/1 BA units that are easily convertible to 3 BRs with the possibility of creating 4 BR units. **** Residential units require minimal, if any, work to reach pro-forma rents. ****There is approximately 1200 SF of Available Air Rights on 7 Dunham Place.
CONFIDENTIAL OFFERING MEMORANDUM This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap
1-7 Dunham Place PRICING & FINANCIAL ANALYSIS
CASH FLOW
CONFIDENTIAL OFFERING MEMORANDUM This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2015 Marcus & Millichap
PROPERTY DESCRIPTION
1-7 Dunham Place PROPERTY DESCRIPTIONS 1 Dunham Place
7 Dunham Place
Brooklyn
Brooklyn
2468-27
2468-26
Irregular
25' x 95'
1,500
2,375
27.58' x 49.67'
25' x 95'
Building SF
6,000
6,875
Zoning
C4-3
C4-3
3.40
3.40
0
1,200
Landmark District
None
None
Historic District
None
None
Annual Tax Bill
$17,788
$22,235
2A
2A
City State Block & Lot Lot Dimensions Lot SF Building Dimensions
Max FAR Available Air Rights
Tax Class
1-7 Dunham Place SUBJECT PROPERTY
1-7 Dunham Place BROADWAY STREET VIEW | EXTERIOR PHOTOS
1-7 Dunham Place DUNHAM PL. STREET VIEW | EXTERIOR PHOTOS
1-7 Dunham Place ROOF | EXTERIOR PHOTOS
1-7 Dunham Place ROOF | EXTERIOR PHOTOS
1-7 Dunham Place DONNA | INTERIOR PHOTOS
1-7 Dunham Place PRODUCTION SPACE | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place RESIDENTIAL UNIT | INTERIOR PHOTOS
1-7 Dunham Place BASEMENT | INTERIOR PHOTOS
1-7 Dunham Place BASEMENT | INTERIOR PHOTOS
1-7 Dunham Place Mechanicals and Main Lobby| INTERIOR PHOTOS
1-7 Dunham Place 1 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place 1 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place 7 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place 7 DUNHAM PL. | CERTIFICATE OF OCCUPANCY
1-7 Dunham Place MARKETING TEAM
Shaun Riney
Peter Von Der Ahe
Michael Salvatico
Andrew Dansker, Financing Inquiries
16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4369 Fax: (646) 349-2282 [email protected] 16 Court Street, Suite 2A Brooklyn, NY Tel: (718) 475-4358 Fax: (646) 349 2282 [email protected]
Matthew Steinberg
16 Court Street, Suite 2A Brooklyn, NY 11241 Tel: (516) 662-5142 Fax: (646) 349-2282 [email protected]
270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5114 Fax: (646) 349-3308 [email protected] 270 Madison Avenue, 7th Floor New York, NY Tel: (212) 430-5168 Fax: (212) 500-5110 [email protected]
