140 Martense Street Flatbush, Brooklyn

Bijou Equities is pleased to present the exclusive listing of 140 Martense Street, a newly renovated multifamily property in the heart of Flatbush, Brooklyn.

The units at 140 Martense Street are currently being rented below market value, presenting a unique opportunity for investors. Without making any improvements, simply bringing the units to market rate could generate a pro forma gross income of approximately **$316,000** and a **7% cap rate** at the asking price.

This Alt-1 renovation has transformed the building into a modern, turnkey investment featuring 9 fully free-market apartments with high-end finishes.

Each unit is equipped with:

• Stainless steel appliances

• Central air conditioning

• Dishwashers

• Modern bathrooms

The building also includes laundry facilities in the basement, providing added convenience for tenants..