1308 Jefferson Ave | Brooklyn, NY 11221
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- LoopNet Team
1308 Jefferson Ave
Brooklyn, NY 11221
1308 JEFFERSON AVENUE · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Corner Property: Prime corner mixed-use building with spacious layouts and prime retail exposure on Jefferson and Wilson Avenue in Bushwick
- Protected Tax Class: 2B Tax class limits tax increases to no more than 8% a year, or 30% over 5 years
- Basis: At the asking price of $1,495,000, the price per square foot equates to $176 and $186,875 per unit
- Lender-Owned: The lender has invested over $50,000 to clear 270 HPD violations, install a new roof, install new windows, and general maintenance
- Public Transportation: Within blocks of the L train at Halsey Street and M train at Myrtle / Wyckoff Avenue
- Well-Located: Short walk to Irving Square Park and major retail corridors on Wilson, Knickerbocker, and Central Avenues
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 8,500 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | C | ||
| Zoning | R6 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,500 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R6 |
AMENITIES
UNIT AMENITIES
- Refrigerator
- Oven
PROPERTY TAXES
| Parcel Number | 03391-0005 | Improvements Assessment | $677,700 |
| Land Assessment | $9,900 | Total Assessment | $687,600 |
PROPERTY TAXES
Parcel Number
03391-0005
Land Assessment
$9,900
Improvements Assessment
$677,700
Total Assessment
$687,600
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