296 Throop Avenue presents a rare opportunity to acquire a newly constructed, 8-family multifamily building in the heart of Brooklyn. Built in 2014, the property spans approximately 6,277 square feet above grade and offers a desirable mix of one- and two-bedroom residences with high-end finishes throughout.
With strong in-place income, exceptionally low expenses, and annual real estate taxes of just $289 thanks to a 421A tax abatement in place through 2042, the property delivers attractive long-term investment fundamentals. Its modern construction, efficient layouts, and favorable tax structure make 296 Throop Avenue especially compelling for investors and 1031 exchange buyers seeking stable income with minimal operating costs.
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