Log In/Sign Up
Your email has been sent.
19 S Oxford St 10 Unit Apartment Building $3,550,000 ($355,000/Unit) 7.33% Cap Rate Brooklyn, NY 11217
Investment Highlights
- Adjacent to Fort Greene Park
- 6 Units fully renovated
- Minutes to subway lines G, C,2,3,4,5, B,Q AND 6
Executive Summary
19 South Oxford Street
A beautifully maintained four-story brownstone multifamily in the heart of Fort Greene, Brooklyn. Comprising 10 units across approximately 6,000 square feet, the property blends classic pre-war character with modern upgrades. Ownership has invested over $300,000 in improvements, including new gas and water lines, electrical enhancements, and multiple apartment renovations. The unit mix includes 3 Free Market, 6 Rent-Stabilized, and 1 SCRIE apartment. Legal verification of Free Market and Rent-Stabilized status is available.
Buyer has the option to assume the existing mortgage at a favorable 5.08% interest rate.
Property benefits from a protected Tax Class 2B designation
A beautifully maintained four-story brownstone multifamily in the heart of Fort Greene, Brooklyn. Comprising 10 units across approximately 6,000 square feet, the property blends classic pre-war character with modern upgrades. Ownership has invested over $300,000 in improvements, including new gas and water lines, electrical enhancements, and multiple apartment renovations. The unit mix includes 3 Free Market, 6 Rent-Stabilized, and 1 SCRIE apartment. Legal verification of Free Market and Rent-Stabilized status is available.
Buyer has the option to assume the existing mortgage at a favorable 5.08% interest rate.
Property benefits from a protected Tax Class 2B designation
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,550,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $355,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 7.33% | Building Size | 6,000 SF |
| Gross Rent Multiplier | 12.8 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | ||
| Zoning | R6B - Medium density residential district | ||
| Price | $3,550,000 |
| Price Per Unit | $355,000 |
| Sale Type | Investment |
| Cap Rate | 7.33% |
| Gross Rent Multiplier | 12.8 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 6,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | R6B - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Kitchen
- Hardwood Floors
- Refrigerator
- Basement
- Intercom
- Large Bedrooms
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | 02101-0026 | Total Assessment | $1,541,250 |
| Land Assessment | $9,450 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,531,800 | Tax Year | 2025 |
Property Taxes
Parcel Number
02101-0026
Land Assessment
$9,450
Improvements Assessment
$1,531,800
Total Assessment
$1,541,250
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Panagos & Associates
19 S Oxford St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.