Log In/Sign Up
Your email has been sent.
289A Monroe Street 289A Monroe St 6 Unit Apartment Building $1,500,000 ($250,000/Unit) 6.43% Cap Rate Brooklyn, NY 11216
Investment Highlights
- Bed-Stuy
- Walking distance to the A & C subway lines
- Value Add Opportunity
Executive Summary
Safdie Realty Group has been exclusively retained to sell 298a Monroe Street. The subject property is located between Marcy Avenue & Tompkins Avenue in Bedford-Stuyvesant, Brooklyn. The property offers six apartments each consisting of 2 bedroom 1 bathroom layouts. The property is built 20 ft x 65 ft, offering approximately 3,900 square feet. 298a Monroe Street sits on a 20 ft x 100 ft lot. The property is located within walking distance to the A & C subway lines.
Property Facts
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $250,000 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 3,900 SF |
| Cap Rate | 6.43% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R6B - R6B is a medium density residential zoning district. | ||
| Price | $1,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 6.43% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,900 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R6B - R6B is a medium density residential zoning district. |
1 1
Walk Score®
Walker's Paradise (91)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (78)
Property Taxes
| Parcel Number | 01814-0068 | Improvements Assessment | $395,100 |
| Land Assessment | $4,500 | Total Assessment | $399,600 |
Property Taxes
Parcel Number
01814-0068
Land Assessment
$4,500
Improvements Assessment
$395,100
Total Assessment
$399,600
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
289A Monroe Street | 289A Monroe 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.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.