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285 Troutman St 5 Unit Apartment Building $3,250,000 ($650,000/Unit) 6.20% Cap Rate Brooklyn, NY 11237
INVESTMENT HIGHLIGHTS
- Prime Bushwick Location | Jefferson Street L-Train
- Four Flex/Office 3-Bedroom Apartments with 1 Bath
- Separate Utilities with Split Heating and Cooling
- I-Card for Legal 5-Family | Condo Quality Finishes Throughout
- One Floor Through 4-Bedroom Apartment with 2 Baths and Backyard Access
- Tax Class 2A - $12,895 Annual Tax Bill
EXECUTIVE SUMMARY
Multifamily Building Spanning 4,500 SF Above Grade
PROPERTY FACTS
| Price | $3,250,000 | Property Subtype | Apartment |
| Price Per Unit | $650,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.20% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 12.8 | Building Size | 4,500 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Zoning | R6, Brooklyn | ||
| Price | $3,250,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Gross Rent Multiplier | 12.8 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6, Brooklyn |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 5 | - | 900 - 1,000 |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (98)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 03175-0052 | Improvements Assessment | $314,100 |
| Land Assessment | $66,150 | Total Assessment | $380,250 |
PROPERTY TAXES
Parcel Number
03175-0052
Land Assessment
$66,150
Improvements Assessment
$314,100
Total Assessment
$380,250
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285 Troutman St
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