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ERG Property Advisors Announces the Exclusive Listing of a Three Building Retail Portfolio in Brooklyn, NY

NEW YORK — March 31, 2014 — ERG Property Advisors is pleased to announce the availability of 547, 535 and 523 Liberty Avenue in Brooklyn, NY

This is a great opportunity to purchase a retail portfolio in the neighborhood of East New York.
 
The three properties are located in a high density area right off of Atlantic Avenue and just south of the Jackie Robinson Parkway. It is just 10 minutes from John F. Kennedy Airport and a 2 minute walk from the J and C subway line.
 
The three properties contain 6 commercial units and 2 residential units. The space is 87% occupied with a huge upside in rent. The annual income on the three buildings is $195,000.
 
The asking price for this building is $1,500,000.
 
For more information about this property, please contact Andrew Walsh at awalsh@ergpa.com or 646.253.0967 or Ian Ellman at iellman@ergpa.com or 646.253.0981.
 
About ERG Property Advisors
 
ERG Property Advisors is a full-service commercial brokerage company based in New York City. Our core activities are investment sales, mortgage brokerage and direct capital services. While focused on the broader New York City area as a company, ERG also offers specific market knowledge at the submarket level. Beyond core New York City properties, ERG's Retail Division specializes in the disposition of commercial investment real estate property nationally with a focus on freestanding Net-Lease properties. In addition to assisting property owners and prospective buyers, ERG provides banks, appraisers, attorneys, and accountants with information and skill sets that support them in their respective roles. Through strategic alliances with select companies we are able to offer our clients access to mortgage brokerage, direct capital services and investment sales brokerage. Visit www.ergpa.com for recent deals and press coverage. 
                                                                  



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