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121 3rd Pl 8 Unit Apartment Building $2,000,000 ($250,000/Unit) 7.70% Cap Rate Brooklyn, NY 11231
Investment Highlights
- Near Carroll Park
Executive Summary
• 4-story walk-up building consisting of 8 large apartments
• Protected Tax Class 2B
• The property is located near a busy retail corridor in Carroll Gardens with shopping,
dining and entertainment options
• Within walking distance to the Carroll Street Station ( trains)
• Protected Tax Class 2B
• The property is located near a busy retail corridor in Carroll Gardens with shopping,
dining and entertainment options
• Within walking distance to the Carroll Street Station ( trains)
Property Facts
| Price | $2,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $250,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.70% | Building Size | 6,580 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Price | $2,000,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 7.70% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,580 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 00463-0032 | Improvements Assessment | $1,977,300 |
| Land Assessment | $13,950 | Total Assessment | $1,991,250 |
Property Taxes
Parcel Number
00463-0032
Land Assessment
$13,950
Improvements Assessment
$1,977,300
Total Assessment
$1,991,250
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121 3rd Pl
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