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103 Kingston Ave
Brooklyn, NY 11213
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 20' x 97' corner mixed-used building with enormous unit layouts and prime retail exposure
- As a Tax Class 2B, the building is protected from egregious tax increases, capping increases at no more than 8% a year
- 2R is vacant, allowing for an eventual unit reconfiguration to market rents
- Located in the North Crown Heights historic district showcasing some of the most beautiful architecture in Brooklyn
- The residential units are RS at 40% of market rents, representing significant upside over time
- Kingston offers some of the newest restaurants in Crown Heights, including the acclaimed MEAT, located next door
Property Facts
| No. Units | 9 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 7,657 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1900 |
| Building Class | C | ||
| Zoning | R6 / C1-3 - residential/commercial | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 7,657 SF |
| No. Stories | 4 |
| Year Built | 1900 |
| Zoning | R6 / C1-3 - residential/commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | - |
Property Taxes
| Parcel Number | 01216-0003 | Improvements Assessment | $708,300 |
| Land Assessment | $9,900 | Total Assessment | $718,200 |
Property Taxes
Parcel Number
01216-0003
Land Assessment
$9,900
Improvements Assessment
$708,300
Total Assessment
$718,200
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