Invictus Property Advisors is pleased to announce the successful sale of a partially vacant multifamily property in Prospect Lefferts Gardens, Brooklyn at 22 Hawthorne Street.
Despite ongoing litigation and tenant related challenges, Invictus identified the property’s significant upside potential and positioned the opportunity for an investor capable of executing a strategic value creation plan. The property comprises eleven residential units, including eight apartments and three Class B rooms.
Located within a short walk of the Q, B, and S subway lines, the property offers convenient access throughout Brooklyn and into Manhattan.
The purchaser has recently acquired several properties within this asset class and has demonstrated a strong ability to implement creative strategies that unlock value and identify opportunities others may overlook.
