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590 Broadway, Brooklyn

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590 Broadway is a corner mixed-use property located in the heart of the Broadway Triangle. The asset is comprised of 4 residential units and a retail unit.

 

The property capitalizes on the location directly across from the Lorimer JMZ station. The location drives foot traffic to the retail store and attracts renters because of easy commuting access. Shel Capital acquired the property and gut renovated all the units significantly increasing the rent roll.