Log In/Sign Up
Your email has been sent.
2838 W 19th St 4 Unit Apartment Building $1,350,000 ($337,500/Unit) 7.72% Cap Rate Brooklyn, NY 11224



INVESTMENT HIGHLIGHTS
- Newly Renovated units with stainless steel appliances
- Walking distance to the board walk and N/W subway
EXECUTIVE SUMMARY
Renovated Vacant 4 Unit Multifamily in Coney Island located on West 19th Street between Neptune & Mermaid Ave walking distance to the board walk and N/W subways. Each Unit is individually metered for Electric and Gas, making each tenant responsible for AC, Heat, and Cooking Gas. The units compromise of (3) three bedrooms & one bathroom and (1) two bedrooms & 1 bathroom. The rear first floor three bedroom has backyard access, front second floor three bedroom has a balcony. Each unit has been gut renovated with stainless steel appliances, quarts countertops, white wood cabinets, and floor tiles in the kitchen. Each bathroom has brand new vanities and tiles. Laundry is in the basement.
PROPERTY FACTS
| Price | $1,350,000 | Apartment Style | Low-Rise |
| Price Per Unit | $337,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.72% | Building Size | 2,800 SF |
| Gross Rent Multiplier | 11.2 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1901 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | R5, Brooklyn (C3) | ||
| Price | $1,350,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| Cap Rate | 7.72% |
| Gross Rent Multiplier | 11.2 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,800 SF |
| No. Stories | 2 |
| Year Built | 1901 |
| Opportunity Zone |
Yes |
| Zoning | R5, Brooklyn (C3) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Kitchen
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
- Range
- Basement
- Breakfast Nook
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 07019-0026 | Improvements Assessment | $231,750 |
| Land Assessment | $51,300 | Total Assessment | $283,050 |
PROPERTY TAXES
Parcel Number
07019-0026
Land Assessment
$51,300
Improvements Assessment
$231,750
Total Assessment
$283,050
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2838 W 19th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
