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340 Court St
Brooklyn, NY 11231
Multifamily Property For Sale · 32 Units

INVESTMENT HIGHLIGHTS

  • Attractive assumable debt 5.2% fixed rate, full-term five (5) years remaining at 62.5% LTV
  • Remarkable 175 feet of wraparound frontage
  • Situated within a bustling retail corridor
  • Leased through 2028 with three five years options and a corporate guarantee
  • Tenant with an Investment Grade rating of AA- (S&P)
  • Proximate to Carroll Street and Bergen Street subway stations (servicing F & G trains), Brooklyn Queens Expressway, and Hugh L. Carey Tunnel

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.94 AC
Building Size 80,892 SF
No. Stories 6
Year Built 2013
Zoning R6 - R6 is a medium-density residential zoning district.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Storage Space
  • Views
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Fitness Center
  • Playground
  • Elevator
  • Listing ID: 29521931

  • Date on Market: 9/14/2023

  • Last Updated:

  • Address: 340 Court St, Brooklyn, NY 11231

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