55 HOPE STREET

Year Acquired: 2022

Location: NEW YORK, NY

55 Hope Street is a 117-unit Class A multifamily property in the heart of Williamsburg, Brooklyn. The building features a carefully curated, minimalist design and is within minutes walking distance from Williamsburg’s extensive retail offerings. Originally built as a pencil factory, 55 Hope Street was gut renovated in 2012 into condo-style apartments with high ceilings and oversized windows. Units are offered in studio, 1- and 2-bedroom layouts, and all apartments are appointed with high-end finishes and stainless-steel appliances, including washer and dryer. Building amenities include outdoor parking, a fitness center, self-storage units, and a massive rooftop lounge with panoramic views of the Manhattan skyline.