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1127 Flatbush Ave
Brooklyn, NY 11226
Multifamily Property For Sale
·
28 Units
EXECUTIVE SUMMARY
8-story elevator building delivered in 2019, encompassing 24,057 square feet and comprising of 30 total units - 28 apartments and two commercial units. 10 years remaining on the 15-year term 421a Tax Exemption (current taxes are around 1$/SF) All Residential units contain in-unit climate control, dishwashers, and stainless steel appliances. Building amenities include a communal rooftop terrace, laundry room, on-site storage, and a fully secure bike room Within walking distance of the B, Q, 2, and 5 subway lines at Beverly, Cortelyou, and Newkirk Stations Located in close proximity to main local and national retailers, eateries and institutions.
PROPERTY FACTS
| Price Per Unit | $353,571 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.20 AC |
| No. Units | 28 | Building Size | 24,057 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 8 |
| Apartment Style | Mid-Rise | Year Built | 2019 |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements | ||
| Price Per Unit | $353,571 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 24,057 SF |
| Average Occupancy | 96% |
| No. Stories | 8 |
| Year Built | 2019 |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Stainless Steel Appliances
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Roof Terrace
- Bicycle Storage
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | - |
| 2+1 | 8 | - | 906 |
PROPERTY TAXES
| Parcel Number | 05165-0059 | Improvements Assessment | $2,389,950 |
| Land Assessment | $160,200 | Total Assessment | $2,550,150 |
PROPERTY TAXES
Parcel Number
05165-0059
Land Assessment
$160,200
Improvements Assessment
$2,389,950
Total Assessment
$2,550,150
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