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197 Troutman St 6 Unit Apartment Building $1,850,000 ($308,333/Unit) Brooklyn, NY 11206
INVESTMENT HIGHLIGHTS
- Development Potential: Falling within R6 zoning on a narrow street, the site supports 7,040 buildable SF a of right (ZFA) or 12,480 buildable SF
- Public Transportation: Just blocks from the M & L train lines at Jefferson Street and Central Avenue stop, with direct access to Williamsburg
- Delivered Vacant: Property will be delivered 100% vacant, offering a blank slate for development.
- Premium Location: Maria Hernandez Park and Knickerbocker Avenue corridor are within 2 blocks, providing a vibrant mix of acclaimed restaurants
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $1,850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $308,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 6 | Building Size | 7,489 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | R6 | ||
| Price | $1,850,000 |
| Price Per Unit | $308,333 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 7,489 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R6 |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (99)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 03173-0038 | Improvements Assessment | $10,800 |
| Land Assessment | $36,000 | Total Assessment | $46,800 |
PROPERTY TAXES
Parcel Number
03173-0038
Land Assessment
$36,000
Improvements Assessment
$10,800
Total Assessment
$46,800
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197 Troutman St
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