This Multifamily Property is no longer advertised on LoopNet.com.

1641 Broadway
Brooklyn, NY 11207
Multifamily Property For Sale · 6 Units

Investment Highlights

  • Potential upside in rents. All 6 apartments are free-market and have room for rent increases.
  • Other nearby transportation: 20-min car ride to JFK, 32-min train ride to Downtown Brooklyn and 35-min train ride to Penn Station.
  • Tax class protected - 2A. Cap at 8% raise per year and no more than 30% over 5-years.
  • Convenient location for commuter with just a 5-min walk to the J & L line at the Halsey Street subway station.
  • Surrounded by retailers neighborhood necessities such as bars, restaurants, national and local retailers.
  • Recent renovations/updates to all apartments, hallways/common areas and surveillance systems.

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 6,900 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1931/2012
Zoning C8-2 - Commercial district predominantly residential in character

Amenities

Unit Amenities

  • Dishwasher
  • Microwave
  • Hardwood Floors
  • Stainless Steel Appliances

Property Taxes

Property Taxes

Parcel Number
03414-0002
Land Assessment
$30,150
Improvements Assessment
$567,450
Total Assessment
$597,600
  • Listing ID: 29217570

  • Date on Market: 8/8/2023

  • Last Updated:

  • Address: 1641 Broadway, Brooklyn, NY 11207

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