Core NYC Market: Trophy asset in Brooklyn’s densely populated urban core
Best-in-Class Asset: Newly developed, Extra Space-managed, 93% climate-controlled
Limited New Supply: No development pipeline; ICAP elimination raises barriers to entry
High-Density Trade Area: Over 175,000 residents within 1 mile; unmatched urban demand
Strategic Connectivity: Immediate access to Fort Hamilton Parkway & Prospect Expressway
25-Year ICAP: Property will benefit from an ICAP tax benefit through 2050