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1502 Dekalb Ave
Brooklyn, NY 11237
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Three-story renovated multifamily building spanning roughly 4,500 GSF above-grade with an additional 1,300 SF lower level
- Currently generates over $107k gross annually with long-term value-add potential as units are brought to market rate upon turnover
- Benefits from convenient access to 2 subway lines, L train a block away at Dekalb Av and M train 5 blocks away at Knickerbocker Ave
- Just 2 blocks from the neighborhood park and surrounded by some of Bushwick’s most well-known and visited restaurants, bars and shopping destinations
- Excellent turnkey investment asset with steady cash flow and low cost basis in one of Brooklyn’s most sought after and rapidly evolving neighborhoods
Property Facts
| No. Units | 6 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1931 |
| Zoning | R6 - Medium density residential district | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6 - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 03247-0021 | Improvements Assessment | $472,950 |
| Land Assessment | $4,950 | Total Assessment | $477,900 |
Property Taxes
Parcel Number
03247-0021
Land Assessment
$4,950
Improvements Assessment
$472,950
Total Assessment
$477,900
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