Log In/Sign Up
Your email has been sent.
313 Montauk Ave 2 Unit Apartment Building $975,000 ($487,500/Unit) 8.10% Cap Rate Brooklyn, NY 11208
INVESTMENT HIGHLIGHTS
- Located on a quiet residential block in East New York
- Positioned between Blake and Sutter Avenues
- Favorable Tax Class 1 designation for long-term ownership
- Traditional brick construction with classic Brooklyn charm
- Easy access to public transit and major thoroughfares
- Strong potential for future value through upgrades or repositioning
EXECUTIVE SUMMARY
Exodus Capital is pleased to offer 313 Montauk Avenue: a 100%, free market, building located between Blake & Sutter Avenue and is 2,120 SF. The building is 20 x 55 and has a lot size of 100. The asset is Tax Class 1 – with annual taxes of $3,367. There is organic upside in the rents with strong program tenant options.
PROPERTY FACTS
| Price | $975,000 | Apartment Style | Low-Rise |
| Price Per Unit | $487,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 8.10% | Building Size | 2,120 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1901 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Price | $975,000 |
| Price Per Unit | $487,500 |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,120 SF |
| No. Stories | 2 |
| Year Built | 1901 |
| Opportunity Zone |
Yes |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Walking/Biking Trails
- Smoke Detector
Walk Score®
Very Walkable (74)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (73)
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
313 Montauk Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.