Brooklyn Standard Properties (BSP) is a real estate company which acquires and repositions properties in Brooklyn, Manhattan and the Bronx. BSP purchases under-managed, under-valued commercial properties and provide above market returns through significant rehabilitation and upgrades. We seek low-risk buildings that are profitable in all macro-economic environments because once our renovations are done and the apartments are rented for market rates, we own the properties at a great entry point relative to its neighborhood.
These properties offer an extremely unique risk/reward profile. Fundamentally, we are simply purchasing an under-valued real estate asset that will appreciate in all financial market conditions. An increase in real estate prices is good for the investment, but if the real estate market declines the buildings will still provide stable returns. Our goal in identifying these particular properties is to offer yield, an appreciating asset, and inflation protection.