394 E 8th Street
394 East 8th Street, New York, NY, 10009, US
38 units
Description
Jones Lang LaSalle (“JLL”) has been exclusively retained to arrange the fee simple sale of Caesura (the “Property”), a 123-unit luxury mixed-income residential asset located in Fort Greene, Brooklyn. Caesura’s unit mix is comprised of 68 studios, 26 one-bedrooms and 29 two-bedrooms, averaging 512 square feet. The Property also has 2,839 square feet of commercial space that is leased through 2039. The Property benefits from a 25-year, 421-a tax abatement that will keep real estate taxes below market through June 2044.
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Attributes
Units
123
Year built
2017
Rentable area
65,819 sf
Media
Investment highlights
- Opportunity to acquire a high quality asset below replacement cost
- Luxurious mixed-income asset with robust amenity package
- Differentiated rental deman via fully furnished micro units
- Valuable long term real estate tax abatement
- Defensible cash flow via moderate income units
- Desirable neighborhood amenities
- Convenient access to mass transit
Contact brokers
Caesura (0 Properties)
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Last updated
Jul 9, 2026
