This property is Off-Market
1023 Lafayette Avenue
Brooklyn, NY 11221 ·
25 Units · Multifamily For Sale
Multifamily Property For Sale
|No. Units||25||Cap Rate||7%|
|Building Size||22,500 SF||Occupancy||99%|
|Property Type||Multifamily||No. Stories||5|
|Property Sub-type||Garden/Low-Rise||Year Built||1992|
|Property Use Type||Investment||Lot Size||10,000 SF|
|Listing ID: 17470821||Date Created: 01/04/2012||Last Updated: 01/04/2012|
Mixed used investment property... Block/Lot : 10607/45 ,
Lot size 100 x 100 , 10,000 sf ,
Building size : 50 x 90 , 22,500 sf ,
Five story walk up with 22 apartments and three commercial units totaling .
99 % occupied .
The building was built in 1992 , it has a J51 taxabatement until 2028 .
Total Income : $302,053 .
Total Expense: $ 75,935 .
NOI: $ 226,119 .
CAP rate; 7%
Tompkins Park North Brooklyn
Corner of Malcom X Blvd
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.