ERG Announces Exclusive Listing of South Brooklyn Mixed-Use Portfolio For Sale

Online, August 24, 2012 (Newswire.com) - ERG Property Advisors is pleased to have been named the exclusive broker for a South Brooklyn Mixed-Use Portfolio which includes 4 mixed-use buildings with 30 residential units, 11 commercial units and 31 parking spaces in the Bensonhurst, Bay Ridge and Bath Beach neighborhoods of Brooklyn.

The subject properties can be sold as a package or individually. All four properties are recent construction, income producing and in great locations. 421a tax abatements are available for each property. Each unit is separately metered for heat and water and all residential as well as commercial units can be converted to condos. The properties can be delivered vacant, and seller financing available.

The asking price for this portfolio package is $13,500,000.

For more information about this property, please contact Vlad Loktev at (646) 253-0952, [email protected].

About ERG Property Advisors
ERG Property Advisors is a full-service commercial real estate brokerage company based in New York City. Its core activities are investment sales, retail leasing, and strategic consulting. 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 has access to a vast network of NNN properties throughout the United States. 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. Visit www.ergpa.com for recent deals and press coverage.

Founded by real estate industry veterans with over 50 years of combined experience, ERG Property Advisors offers not only exceptional service to clients, but also an exceptional work environment to our employees. Our innovative team structure encourages ERG brokers to work collaboratively with one another. "Real estate is already a very competitive market", says CEO Jim Kinsey, "so, at ERG we want our brokers to work with one another instead of against one another. We believe that internal collaboration is key to a healthy work environment and better client service."

ERG's submarket system allows agents to become experts of a particular neighborhood. Submarket experts stay up-to-date on critical real estate information, including price per square foot, average rents, trends, and new zoning laws affecting the area, and become a vital resource to colleagues and clients. In addition, as a strongly relationship-based firm, we prioritize the development of careers. Our mentorship philosophy has driven us to develop the best one-on-one training in the industry.