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1054 Park Pl
Brooklyn, NY 11213
Solid Bricks + Stellar Location + Huge Upside · Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • 16 residential units
  • Side and backyard
  • Brownstone property

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class B
Lot Size 0.13 AC
Building Size 13,008 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910
Zoning R6 - R6 is a medium-density residential zoning district.

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Tub/Shower

ABOUT 1054 PARK PL , BROOKLYN, NY 11213

Coldwell Banker Reliable Commercial Division is pleased to offer for sale 1054 Park Place, located in the Crown Heights section of Brooklyn. This 16 unit multi-family building features 5 fully renovated, free market units. Tenants pay heat and hot water. Actual Annual Financials: $290,496 Rent Roll, $71,799 Expenses, $218,697 Net Income and a 5% Cap Rate. Mortgage assignment available.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 16 $1,594 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01243-0027
Land Assessment
$78,750
Improvements Assessment
$436,500
Total Assessment
$515,250
  • Listing ID: 18641719

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 1054 Park Pl, Brooklyn, NY 11213

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