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29 Brooklyn Ave 20 Unit Apartment Building $5,100,000 ($255,000/Unit) 7.49% Cap Rate Brooklyn, NY 11216
Investment Highlights
- 65% Free Market (13 out of 20 units)
- Prime Bed-Stuy Location
- Cap Rate - 7.5%
Executive Summary
65% Free Market Multifamily Building in Bed-Stuy.
Property Facts
| Price | $5,100,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $255,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 7.49% | Building Size | 17,485 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1910 |
| Zoning | R6A Brooklyn | ||
| Price | $5,100,000 |
| Price Per Unit | $255,000 |
| Sale Type | Investment |
| Cap Rate | 7.49% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 17,485 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 1910 |
| Zoning | R6A Brooklyn |
Amenities
Unit Amenities
- Dishwasher
- Kitchen
- Oven
Site Amenities
- 24 Hour Access
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01869-0007 | Improvements Assessment | $1,048,950 |
| Land Assessment | $148,950 | Total Assessment | $1,197,900 |
Property Taxes
Parcel Number
01869-0007
Land Assessment
$148,950
Improvements Assessment
$1,048,950
Total Assessment
$1,197,900
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