The Gerke Building
The Gerke Building
Our first property outside NYC. 21 very compact studio apts and 1 store with koolcellar.com below. Apts were rented for $75-90 a week before we took over. After renovations we have been able to achieve a 60-70% increase in rent yet we still have retained many of the original tenants whos rents we have not raised much at all.
•Huge Underground space.
•Brewing Potential
•3 levels
•Tremendous Sq footage,
•under 60 degrees year round
•multiple apartments above cavernous brewery
•Brewing Potential
•3 levels
•Tremendous Sq footage,
•under 60 degrees year round
•multiple apartments above cavernous brewery