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242 Kingsland Ave
Brooklyn, NY 11222
5 Free Market /1 SR Unit-Best Investmen*5.6% · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • **Five Free Market Apartment**High Rental Area**Lots of upsides**
  • Private lush Garden access by two ground units: Most unit with W/D for higher rental return
  • Two blocks to McCorick Park
  • Fully Occupied at current 5.5% cap
  • Great Location minutes to subway G (Nasau)and L(Bedford)
  • upsides with many new condo development projects

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,875 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1931/2019
Zoning R6B - R6B-C2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Crown Molding
  • Eat-in Kitchen
  • Granite Countertops
  • Built-In Bookshelves
  • Garden
  • Patio

SITE AMENITIES

  • Fenced Lot
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 $3,300 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02689-0076
Land Assessment
$6,750
Improvements Assessment
$748,350
Total Assessment
$755,100
  • Listing ID: 25153461

  • Date on Market: 3/1/2022

  • Last Updated:

  • Address: 242 Kingsland Ave, Brooklyn, NY 11222

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