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299 Vanderbilt Ave
Brooklyn, NY 11205
299 VANDERBILT AVENUE · Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.03 AC |
| Property Type | Multifamily | Building Size | 3,060 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 1905 |
| Zoning | R6B - Medium density residential district | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 3,060 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1905 |
| Zoning | R6B - Medium density residential district |
ABOUT 299 VANDERBILT AVE , BROOKLYN, NY 11205
Incredible investment opportunity. Approximately 5.8% cap-rate. 299 Vanderbilt is an exceptional 3,060 Square ft 7-unit brownstone on a tree-lined block in one of Brooklyn's most desirable neighborhoods, Fort Greene, Brooklyn. This recently renovated, turn-key investment opportunity is made up of 6 studio rental apartments and a three-bedroom rental apartment with a private garden. Meticulously redesigned, each unit has been individually upgraded with a quintessential modern Brooklyn aesthetic, stylish living spaces featuring beautiful hardwood oak floors, exposed beams, high ceilings, exposed brick walls, lots of natural sunlight, split ductless heating and cooling systems, chicly designed bathrooms with subway tiles and chrome fixtures, rounded off with stylish kitchens with custom cabinetry and stainless steel appliances, including dishwashers. With low taxes and a substantial projected rent roll, this fully renovated brownstone offers an incredible real estate investment opportunity with a cap rate of approximately 5.8%. Perfectly situated between Dekalb and Lafayette Aves, 299 Vanderbilt Avenue is surrounded by superb dining, local shopping, and in the beating heart of Brooklyn's vast cultural ecosystem. Local favorites include Chez Oskar, Walters, Aita, No.7, Speedy Romeo, Romans, Olea, Maison May Dekalb, Black Forest Brooklyn, and Habana Outpost. Close proximity to Pratt Institute, Brooklyn Academy of Music (BAM), the groundbreaking development plan - Brooklyn Cultural District, Atlantic Terminal Mall, and Fort Greene Park, which also plays host every Saturday to Greenmarket, the best farmer's market in Brooklyn. Transportation: G Train at Clinton-Washington 3 blocks away, and the C Train at Lafayette Avenue just a mere 5 blocks, allowing for an easy commute to Manhattan.
PROPERTY TAXES
| Parcel Number | 01929-0016 | Improvements Assessment | $925,200 |
| Land Assessment | $2,700 | Total Assessment | $927,900 |
PROPERTY TAXES
