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Executive Summary

Property Snapshot:
• 3-Story multifamily building
• 6 residential units
• 4,350 sq ft building on a 2,500 sq ft lot
• 25 feet of frontage along Willoughby Avenue
• Within walking distance to the Central Ave Station (M train) providing access to midtown Manhattan in 35 minutes

Property Facts

Price $650,000
Price Per Unit $108,333
Sale Type Investment
Cap Rate 7.50%
Sale Condition REO Sale
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 4,350 SF
No. Stories 3
Year Built 2011
Opportunity Zone Yes
Zoning C2

Amenities

Unit Amenities

  • Air Conditioning
  • Wheelchair Accessible (Rooms)

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - -
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03197-0001
  • 03197-0053
Land Assessment
$25,170
Improvements Assessment
$657,960
Total Assessment
$683,130
  • Listing ID: 40491306

  • Date on Market: 5/12/2026

  • Last Updated:

  • Address: 1111 Willoughby Ave, Brooklyn, NY 11237

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