1886 Eastern Pkwy | Brooklyn, NY 11233
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- LoopNet Team
1886 Eastern Pkwy
Brooklyn, NY 11233
1886 Eastern Pkwy · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
- Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
- Efficient Layouts: Large air shaft provides spacious and bright unit layouts.
- Available Air Rights: There are roughly 2,760 unused air rights for future expansion, development, or disposition.
- Transportation Accessibility: 4 blocks to Broadway Junction, with L, J, Z, A, & C trains, offering access to Williamsburg, Downtown Brooklyn.
- Low Maintenance: Building was fully renovated in 2018 and has been meticulously maintained since, with no need for short term capital improvements.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 3,240 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Building Class | B | ||
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 3,240 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 01571-0009 | Improvements Assessment | $346,950 |
| Land Assessment | $3,600 | Total Assessment | $350,550 |
PROPERTY TAXES
Parcel Number
01571-0009
Land Assessment
$3,600
Improvements Assessment
$346,950
Total Assessment
$350,550
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