190 Rockaway Ave | Brooklyn, NY 11233
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- LoopNet Team
190 Rockaway Ave
Brooklyn, NY 11233
Auction - 190 Rockaway Apartments | 8 Units · Multifamily Property For Sale
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8 Units
Investment Highlights
- STARTING BID $250,000 | 8 Units | 100% Occupied | AUCTION DECEMBER 15-17
- Efficient Expense Profile: 41% expense ratio with taxes just 10% of EGI (Tax Class 2B)
- Sought-after Transit-Served Brooklyn Location: Two blocks from the Rockaway Ave Subway Station with A & C service. 30-minutes to Manhattan or JFK.
- 8-Unit Rent-Stabilized Multifamily | 5,600 SF: Four-story residential building generating consistent income.
- Additional Air Rights: ±2,281 SF of unused development rights
- Vibrant Neighborhood: Positioned blocks from Broadway Junction Station (A, C, J, L, Z, LIRR), Fulton St, Atlantic Ave, J Robinson Pkwy, and daily-need
Property Facts
| No. Units | 8 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 5,600 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 1910 |
| Zoning | R5 - A low-density residential zone allowing diverse housing like single/multi-family homes, townhouses, and apartments, with specific rules for setbacks, parking, and lot sizes. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 5,600 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R5 - A low-density residential zone allowing diverse housing like single/multi-family homes, townhouses, and apartments, with specific rules for setbacks, parking, and lot sizes. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | 01567-0038 | Improvements Assessment | $318,150 |
| Land Assessment | $5,400 | Total Assessment | $323,550 |
Property Taxes
Parcel Number
01567-0038
Land Assessment
$5,400
Improvements Assessment
$318,150
Total Assessment
$323,550
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