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1505 Gravesend Neck Rd
Brooklyn, NY 11229
Multifamily Property For Sale
·
3 Units


INVESTMENT HIGHLIGHTS
- Convenient location 25 feet from Q Train stop at Neck Rd
- Low RE Taxes and protected tax class 1 create a perfect owner-user opportunity
- Retail space to be delivered vacant at closing
EXECUTIVE SUMMARY
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 1505 Gravesend Neck Road? Sheepshead Bay, Brooklyn, NY. Convenient location 25 feet from Q Train stop at Neck Rd. Retail space to be delivered vacant at closing. Low RE Taxes and protected tax class 1 create a perfect owner-user opportunity. For detailed rent roll and expenses, or to schedule an inspection, please inquire within.
PROPERTY FACTS
| Price Per Unit | $563,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 3 | Building Size | 2,970 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Zoning | c1-2 - combines residential zoning with limited commercial uses, such as small businesses, local retail, and offices, on the lower floors of buildings. | ||
| Price Per Unit | $563,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 2,970 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | c1-2 - combines residential zoning with limited commercial uses, such as small businesses, local retail, and offices, on the lower floors of buildings. |
AMENITIES
SITE AMENITIES
- Controlled Access
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+4 | 3 | - | 2,970 |
PROPERTY TAXES
| Parcel Number | 07376-0059 | Improvements Assessment | $77,820 |
| Land Assessment | $12,180 | Total Assessment | $90,000 |
PROPERTY TAXES
Parcel Number
07376-0059
Land Assessment
$12,180
Improvements Assessment
$77,820
Total Assessment
$90,000
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