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271 Malcolm X Blvd 9 Unit Apartment Building $2,850,000 ($316,667/Unit) 7.25% Cap Rate Brooklyn, NY 11233



Investment Highlights
- 26’ wide brick mixed use
- Protected tax class 2B
- 2 retail units, 5 free market and renovated apartments, 2 rent stabilized apartments
- Download linked OM which contains current and projected rent rolls.
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 | $2,850,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $316,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 7.25% | Building Size | 6,243 SF |
| No. Units | 9 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1900 |
| Zoning | R6A / C2-4 | ||
| Price | $2,850,000 |
| Price Per Unit | $316,667 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 6,243 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1900 |
| Zoning | R6A / C2-4 |
Amenities
Unit Amenities
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Yard
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (99)
Property Taxes
| Parcel Numbers | Improvements Assessment | $642,284 | |
| Land Assessment | $66,993 | Total Assessment | $709,277 |
Property Taxes
Parcel Numbers
Land Assessment
$66,993
Improvements Assessment
$642,284
Total Assessment
$709,277
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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271 Malcolm X Blvd
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