Topic: I have two off-market multifamily properties in Brooklyn, mid 5% cap

Brooklyn, 8 Story Luxury elevator apartment building with 41 apartments, 23 bikes storages, and 13 parking spaces. Lot size: 100x 100. Building SF: 50,929 , year built: 2015, Zoning: R7A . Total Income: $1,486,752 Total Expenses: $138,007 / NOI: $1,348,745 421A Tax Abatement 15 years from 2018. Asking: $24,500,000 /5.51% Cap

Downtown Brooklyn: 10 story elevator apartment building with 103 apartments, 1 commercial space and 40 parkings, and 100 storage units. Lot size: 135 x95, building size; 108,500SF. Zoning: C6-2, Year Built 2013. Total Income: $4,194,897 / Total Expenses: $640,913 /NOI: $3,553,983 421A tax abatement for 15 years. Asking: $67,000,000 / 5.32% Cap