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3 Spencer Pl
Brooklyn, NY 11216
Multifamily Property For Sale
·
5 Units

Property Facts
| No. Units | 5 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1930 |
| Building Class | C | ||
| Zoning | R6B - R6B is a medium-density Residential Zoning Districts in New York City and a subdistrict of R6. R6B is mapped in parts of Brooklyn, Queens, The Bronx, and Staten Island. | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,500 SF |
| No. Stories | 5 |
| Year Built | 1930 |
| Zoning | R6B - R6B is a medium-density Residential Zoning Districts in New York City and a subdistrict of R6. R6B is mapped in parts of Brooklyn, Queens, The Bronx, and Staten Island. |
About 3 SPENCER PL , BROOKLYN, NY 11216
FANTASTIC LEGAL 5 INVESTMENT PROPERTY IN HOT SOUTH BED-STUY 3 Spencer Place is a 5 story brownstone 20 X 40 on an 80' lot with period details, a new facade, new custom Marvin windows, a new water main, and a new boiler. The top three 2 BRS are renovated and rented below market rate with leases until 2020 and 2021. Parlor and garden floors are vacant 1 BRs that need work and can rent at market rates. Market rents are in demand close to the train and shops and would bring this investment to a 5+ CAP. You will see that many of the brownstones in this area are also converting to condos. Spencer Pl is a small, one-way street from Hancock to Fulton that lies between Franklin and Bedford Aves. Around the corner from the C train where you grab a coffee at the Daily Press or a cocktail at Glorietta Baldy. First showing Sunday 10.6 2 scheduled showings per week only as per tenant request Wednesday evenings Sunday afternoon Email for set-up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
Property Taxes
| Parcel Number | 02000-0013 | Improvements Assessment | $379,800 |
| Land Assessment | $13,050 | Total Assessment | $392,850 |
Property Taxes
Listing ID: 17381424
Date on Market: 10/5/2019
Last Updated:
Address: 3 Spencer Pl, Brooklyn, NY 11216
The Bedford-Stuyvesant Multifamily Property at 3 Spencer Pl, Brooklyn, NY 11216 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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