This Multifamily Property is no longer advertised on LoopNet.com.

266 Saratoga Ave
Brooklyn, NY 11233
Multifamily Property For Sale · 3 Units

Investment Highlights

  • Value-Add: Property in need of full gut renovation.
  • Owner-User Potential: Retail unit will be delivered vacant, presenting an attractive owneruseropportunity.
  • Protected Tax Class: Tax Class 1 limits tax increase to no more than 6% per year or 20% over 5 years.
  • Fully Free Market: The property is fully free market, allowing future ownership to capitalizeon neighborhood improvement.
  • 117 Feet of Wraparound Frontage: Corner retail exposure on Atlantic Avenue, with over 29,000 vehicles per day.

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,720 SF
No. Stories 3
Year Built 1927
Zoning R5B

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
01561-0037
Land Assessment
$8,760
Improvements Assessment
$42,900
Total Assessment
$51,660
  • Listing ID: 35207795

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 266 Saratoga Ave, Brooklyn, NY 11233

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}