This Multifamily Property is no longer advertised on LoopNet.com.

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

Property Facts

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

Property Taxes

Parcel Number
02000-0013
Land Assessment
$13,050
Improvements Assessment
$379,800
Total Assessment
$392,850
  • Listing ID: 17381424

  • Date on Market: 10/5/2019

  • Last Updated:

  • Address: 3 Spencer Pl, Brooklyn, NY 11216

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}