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257 Cooper St
Brooklyn, NY 11237
Multifamily Property For Sale · 12 Units

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INVESTMENT HIGHLIGHTS

  • The building is situated in a trendy and fast growing area of Bushwick.
  • Corner brick building.

EXECUTIVE SUMMARY

Location, Location, Location!!! Don't miss out on this 12 family pre-war brick building as it is a great investment opportunity. All units are renovated and rented out. The building is situated in a trendy and fast growing area of Bushwick. The units are all of 2-bedrooms and 1-bedroom renovated units. All units have high ceilings, large rooms and hardwood floors. The building is conveniently located close to public transportation, shopping and schools. Perfect 1031 exchange opportunity. Income and expense can be provided upon request. Serious inquires only.

PROPERTY FACTS

Price Per Unit $274,917
Sale Type Investment
Cap Rate 6.03%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 8,100 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1904/2020
Zoning R6 - medium-density residential zoning district

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Hardwood Floors
  • Vaulted Ceiling
  • Tub/Shower
  • Basement
  • Double Pane Windows
  • Intercom
  • Large Bedrooms

SITE AMENITIES

  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 12 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03437-0001
Land Assessment
$67,500
Improvements Assessment
$677,700
Total Assessment
$745,200
  • Listing ID: 32958982

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 257 Cooper St, Brooklyn, NY 11237

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