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276 19th St
Brooklyn, NY 11215
Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,600 SF
No. Stories 3
Year Built 1931
Parking Ratio 0.28/1,000 SF
Zoning R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.

ABOUT 276 19TH ST , BROOKLYN, NY 11215

Nowak+Partners of Marcus & Millichap has been retained on an exclusive basis to arrange the sale of 276 19th Street, a three-story multifamily building between 5th and 6th Avenues in the South Slope section of Brooklyn, NY. The property is built 25 x 48 feet and sits on a 25 x 100 foot R6B zoned lot (Block:885 Lot: 30). The property has nearly no deferred maintenance and is frame construction. The property totals approximately 3,600 square feet with six rent stabilized units. All of the apartments are railroad 1-Bedroom units with preferential rents. The average legal rents exceed average current rents by $888. 276 19th Street is located four blocks away from the Prospect Avenue "R" subway station. Investors have the opportunity to purchase a cash-flowing rent stabilized building with significant upside in the below market preferential rents. The purchaser can capitalize on the close proximity to public transportation as well as the popular Park Slope 5th Avenue and 7th Avenue retail corridors.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00885-0030
Land Assessment
$4,950
Improvements Assessment
$578,250
Total Assessment
$583,200
  • Listing ID: 14662317

  • Date on Market: 12/18/2018

  • Last Updated:

  • Address: 276 19th St, Brooklyn, NY 11215

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