Rare Investment Opportunity - Sponsor Rental with Tenant Already in Place

THE SMARTEST BUY IN BROOKLYN.

BROOKLYN POINT OFFERS ONE OF THE LAST 25-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY. ESTIMATED ANNUAL SAVINGS FOR RESIDENCE 24L: $22,309.

CLOSINGS HAVE COMMENCED AND ONSITE MODEL RESIDENCES ARE OPEN.

A pristine corner residence nestled in the prestigious Brooklyn Point development, this stunning 2-bedroom, 2-bathroom home is a portrait of contemporary Brooklyn living. Features of this 1,159 sq. ft. home include beautiful wide plank stained oak floors, floor-to-ceiling windows with southern and western exposure and panoramic views of Brooklyn, an in-home washer/dryer, and a harmonious light wood color palette with satin copper fixtures and finishes designed to accentuate space and natural light.

A welcoming foyer adorned with a coat closet and full bathroom flows into a spacious open-concept living room, dining room, and kitchen saturated with natural light. The kitchen is equipped with an eat-in island, sleek white quartz countertops, custom oak millwork, a built-in Sub-Zero wine refrigerator, and a fully-integrated appliances from Miele including a 4-burner has range, 30" refrigerator, oven, and speed oven.

A thoughtful split-wing layout gives each bedroom enjoys a comfortable level of privacy. The primary bedroom has a walk-in closet and an immaculate en-suite bathroom with a custom floating oak vanity, imported stone surfaces, custom Waterworks fixtures, a walk-in rain shower, and radiant heated floors. The second bedroom has its own closet space and easy access to the home's second full bathroom.

Located in the trendy Downtown Brooklyn neighborhood, Brooklyn Point is a transformative residential development offering residents a one-of-a-kind living experience. It is the only for-sale residential building at the popular retail, dining, and entertainment center, City Point. And it has one of the most comprehensive amenities packages in the entire city with 40,000 sq. ft. of private indoor and outdoor facilities including the highest residential infinity pool in the Western Hemisphere. It is close to Cadman Plaza, Commodore Barry, and Fort Greene Parks, Brooklyn Academy of Music, Barclays Center, and several unique Brooklyn neighborhoods that include Brooklyn Heights, DUMBO, Fort Greene, Cobble Hill, and Boerum Hill. It is just one stop from Manhattan and has easy access to 11 subway lines.

Building Services & Amenities Include:

24- Hour Attended Lobby

Concierge

Doorman

Dry Cleaning Valet

Stroller Valet

Package room

Cold storage

Pet Spa

Bicycle Storage

Storage Bins

Park Lounge & Bar

Landscaped Terrace

Firepit

Putting Green

Grills

Children's indoor playroom

Children's Outdoor playground

Screening & Performance Room

Chef's kitchen

Wine Library

Private Study

Game room

Fitness Center

Pilates Studio

Rock Climbing

Cycling Studio

Yoga Studio

Indoor Swimming Pool

Steam Room

Infrared Sauna

Hot Tub

Squash/Basketball Court

Rooftop Infinity Pool

Managed by Extell Management Services.

Photos represent building finishes

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABILY FORM SPONSOR FILE NO. CD16-0008.