Unveiling a 17-story marvel at 1746-1760 Broadway, Brooklyn, the Wayside Landing Project is a 383,810 sq.ft. spectacle, offering 179 upscale residential units and an array of commercial and community spaces.
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Commercial Space: 60,334 SF
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Community Facilities: 94,011 SF
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Residential Use:100,461 SF (Gross), 90,875 SF (Net)
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Parking Space: 75,804 SF
Residential spaces that pair luxury with practicality, perfect for watching families grow or enjoying a well-earned retirement. All-Encompassing Living: Worship, learn, shop, socialize, and relax; a full life spectrum in one destination.
The project forecasts a year-four NOI of $21.96 million, growing to $25.23 million by year 10. Post-stabilization valuation is estimated to rise from $452 million to $519 million within the same period.
Financial Projections
Wayside Landing aims to achieve and maintain zero carbon emissions. Economic Wisdom: Anticipated savings touching an impressive $509,801 annually by the tenth year.