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247 Devoe St 6 Unit Apartment Building $2,995,000 ($499,167/Unit) 5.90% Cap Rate Brooklyn, NY 11211
Investment Highlights
- Multifamily Building Spanning 4,500 SF Above Grade | 4 High-End Free-Market Units and 2 RS Units
- Four High-End Dumb-bell Layout 2-Bedroom Apartments | Split Utilities for Heating and Cooling
- Phenomenal East Williamsburg Location with Proximity to Graham Avenue L-Train
- Tax Class 2A - $13,323 Annual Tax Bill
Property Facts
| Price | $2,995,000 | Property Subtype | Apartment |
| Price Per Unit | $499,167 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.90% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 13.3 | Building Size | 4,500 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Price | $2,995,000 |
| Price Per Unit | $499,167 |
| Sale Type | Investment |
| Cap Rate | 5.90% |
| Gross Rent Multiplier | 13.3 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (91)
Bike Score®
Biker's Paradise (90)
Property Taxes
| Parcel Number | 02916-0055 | Improvements Assessment | $605,700 |
| Land Assessment | $90,000 | Total Assessment | $695,700 |
Property Taxes
Parcel Number
02916-0055
Land Assessment
$90,000
Improvements Assessment
$605,700
Total Assessment
$695,700
Contacts
-
Vincent Tomaselli -
Shaun Riney -
Mike Salvatico -
Harrison Rich -
Marcus & Millichap
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247 Devoe St
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