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10 Palmetto St 7 Unit Apartment Building $3,300,000 ($471,429/Unit) 5.23% Cap Rate Brooklyn, NY 11221
EXECUTIVE SUMMARY
Fully occupied.
PROPERTY FACTS
| Price | $3,300,000 | Building Class | C |
| Price Per Unit | $471,429 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 4,928 SF |
| Cap Rate | 5.23% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6, C1-3 - Commercial district predominantly residential in character | ||
| Price | $3,300,000 |
| Price Per Unit | $471,429 |
| Sale Type | Investment |
| Cap Rate | 5.23% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,928 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R6, C1-3 - Commercial district predominantly residential in character |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (92)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 03348-0012 | Improvements Assessment | $543,600 |
| Land Assessment | $42,300 | Total Assessment | $585,900 |
PROPERTY TAXES
Parcel Number
03348-0012
Land Assessment
$42,300
Improvements Assessment
$543,600
Total Assessment
$585,900
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10 Palmetto St
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