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2838 W 19th St
Brooklyn, NY 11224
Multifamily Property For Sale
·
4 Units
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 Per Unit | $337,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.72% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 11.2 | Building Size | 2,800 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1901 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R5, Brooklyn (C3) - R5 | ||
| 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) - R5 |
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 | 3 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 07019-0026 | Improvements Assessment | $288,450 |
| Land Assessment | $51,300 | Total Assessment | $339,750 |
Property Taxes
Parcel Number
07019-0026
Land Assessment
$51,300
Improvements Assessment
$288,450
Total Assessment
$339,750
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