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2883 Atlantic Ave
Brooklyn, NY 11207
Brooklyn — 13 Units + 2 Retail Mixed-Use · Multifamily Property For Sale
·
15 Units
INVESTMENT HIGHLIGHTS
- Ease of access from Atlantic Ave
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
• Corner mixed-use building consists of 13 large apartments & 2 commercial spaces
• There is a J51 through 2047
• The building has been completely gut-renovated including plumbing and electric
• The building has value-add potential due to high legal rents
• 10,363 SF of unused Air Rights available
• Within walking distance to the Van Siclen Ave subway station ( trains)
• Serious inquires ONLY: Offers with unrealistic terms will be ignored.I
• Corner mixed-use building consists of 13 large apartments & 2 commercial spaces
• There is a J51 through 2047
• The building has been completely gut-renovated including plumbing and electric
• The building has value-add potential due to high legal rents
• 10,363 SF of unused Air Rights available
• Within walking distance to the Van Siclen Ave subway station ( trains)
• Serious inquires ONLY: Offers with unrealistic terms will be ignored.I
PROPERTY FACTS
| Price Per Unit | $233,333 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.40% | Lot Size | 0.10 AC |
| No. Units | 15 | Building Size | 16,191 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1921 |
| Zoning | C8-2,Brooklyn - Commercial/manufacturing. Heavy commercial services that often require large amounts of land. | ||
| Price Per Unit | $233,333 |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 16,191 SF |
| No. Stories | 4 |
| Year Built | 1921 |
| Zoning | C8-2,Brooklyn - Commercial/manufacturing. Heavy commercial services that often require large amounts of land. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 15 | - | - |
PROPERTY TAXES
| Parcel Number | 03950-0041 | Improvements Assessment | $499,050 |
| Land Assessment | $81,900 | Total Assessment | $580,950 |
PROPERTY TAXES
Parcel Number
03950-0041
Land Assessment
$81,900
Improvements Assessment
$499,050
Total Assessment
$580,950
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