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305 Livingston St
Brooklyn, NY 11217
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Prime location in Downtown Brooklyn’s busiest retail corridor.
- Tax Class 2B status limits year-over-year property tax increases.
- Direct access to major subway lines for citywide connectivity.
- Retail spaces delivered vacant to enhance immediate income potential.
Executive Summary
Asset Overview:
Four-story mixed-use building featuring (6) apartments & (2) retail spaces
Tax Class Protected:
Tax Class 2B designation, providing investors with limits on year-over-year tax increases
Immediate Occupancy:
Both retail spaces will be delivered vacant, presenting an ideal opportunity for an end-user or an investor looking to increase cash flow in the building
Premier Transit Access:
Centrally located steps away from the Hoyt– Schermerhorn Sts, Nevins St, and DeKalb Ave stations. Direct access to the A, C, G, 2, 3, 4, 5, B, Q, and R subway lines, offering seamless, high-speed connectivity to Manhattan, Queens, and across Brooklyn
High-Traffic Corridor:
Situated in the heart of Downtown Brooklyn, 305 Livingston Street sits within one of the city’s most populated retail hubs. Flanked by the Fulton Mall and the City Point development, the area is a magnetic destination for both national flagship retailers and trendy local boutiques, commanding a staggering foot traffic of over 15,000–20,000 pedestrians daily
Four-story mixed-use building featuring (6) apartments & (2) retail spaces
Tax Class Protected:
Tax Class 2B designation, providing investors with limits on year-over-year tax increases
Immediate Occupancy:
Both retail spaces will be delivered vacant, presenting an ideal opportunity for an end-user or an investor looking to increase cash flow in the building
Premier Transit Access:
Centrally located steps away from the Hoyt– Schermerhorn Sts, Nevins St, and DeKalb Ave stations. Direct access to the A, C, G, 2, 3, 4, 5, B, Q, and R subway lines, offering seamless, high-speed connectivity to Manhattan, Queens, and across Brooklyn
High-Traffic Corridor:
Situated in the heart of Downtown Brooklyn, 305 Livingston Street sits within one of the city’s most populated retail hubs. Flanked by the Fulton Mall and the City Point development, the area is a magnetic destination for both national flagship retailers and trendy local boutiques, commanding a staggering foot traffic of over 15,000–20,000 pedestrians daily
Property Facts
| Price Per Unit | $250,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 8 | Building Size | 3,192 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1920 |
| Zoning | C6-4 | ||
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 3,192 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | C6-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 00161-0054 | Improvements Assessment | $877,050 |
| Land Assessment | $44,550 | Total Assessment | $921,600 |
Property Taxes
Parcel Number
00161-0054
Land Assessment
$44,550
Improvements Assessment
$877,050
Total Assessment
$921,600
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