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1409 Greene Ave
Brooklyn, NY 11237
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Fully leased three-unit multifamily townhouse in Brooklyn's trendy Bushwick neighborhood with a monthly rent roll of $14,000/month.
- Tenants enjoy solid-hardwood floors, tall ceiling heights, open-concept kitchens with stainless steel appliances, an accessible roof, and more.
- 100% free market, take advantage of this ideal property for a 1031 buyer or great investment opportunity for a long-term hold.
- Recently renovated turn-key investment opportunity at a nearly a 6% CAP rate with future upside as rental rates in the area continue to rise.
- Surrounded by numerous dining, shopping, and nightlife options, 1409 Greene Avenue is located in one of the hottest sections of Brooklyn.
Property Facts
| No. Units | 3 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 4,736 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built/Renovated | 1910/2021 |
| Zoning | R6 - As per zoning there is another 1,497 Sq Ft buildable air rights *consult with your architect to confirm | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 4,736 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1910/2021 |
| Zoning | R6 - As per zoning there is another 1,497 Sq Ft buildable air rights *consult with your architect to confirm |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Hardwood Floors
- Stainless Steel Appliances
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 3 | - | 1,118 - 2,234 |
Property Taxes
| Parcel Number | 03290-0047 | Improvements Assessment | $68,700 |
| Land Assessment | $11,880 | Total Assessment | $80,580 |
Property Taxes
Parcel Number
03290-0047
Land Assessment
$11,880
Improvements Assessment
$68,700
Total Assessment
$80,580
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