Log In/Sign Up
Your email has been sent.
320 Tompkins Ave 3 Unit Apartment Building $3,100,000 ($1,033,333/Unit) 6.44% Cap Rate Brooklyn, NY 11216
INVESTMENT HIGHLIGHTS
- Both apartments have condo level and custom finishes with private outdoor spaces, high ceilings and spacious bedrooms
- Open Retail Plan with exposed Brick, ADA Bathroom, Large Garden, Custom Kitchenette, HVAC in place, exposed concrete floors, plug and play space
EXECUTIVE SUMMARY
Fully renovated Mixed Use Building for Sale. Two rental apartments with condo level custom finishes over a perfect Owner Occupier 1,500 SF Ground Floor Retail Space w/ interconnecting Stair to an additional 700 SF of dry storage basement. The ground floor unit has a fixtured ADA Bathroom, two glass doors and access points to an exterior Garden, HVAC has been installed and there is a custom wet kitchenette as well, if desired. Custom four panel wood and glass storefront on Tompkins Avenue which has emerged as the epicenter of Bed Stuy Retail. Great space for a variety of professional users specifically physical therapy, Doctor, Dentist, any office users, Fitness, Cafe, Pharmacy and or Restaurant/ Bar. The building has been completely rebuilt with steel, it has all new utilities throughout and is fully sprinklered.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,100,000 | Building Class | C |
| Price Per Unit | $1,033,333 | Lot Size | 0.04 AC |
| Sale Type | Investment or Owner User | Building Size | 4,400 SF |
| Cap Rate | 6.44% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1899/2019 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6A/C2-4 - Located in the Bed-Stuy neighborhood of Brooklyn between Gates Ave & Monroe St near the Bedford - Nostrand Ave subway station. | ||
| Price | $3,100,000 |
| Price Per Unit | $1,033,333 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.44% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1899/2019 |
| Opportunity Zone |
Yes |
| Zoning | R6A/C2-4 - Located in the Bed-Stuy neighborhood of Brooklyn between Gates Ave & Monroe St near the Bedford - Nostrand Ave subway station. |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 01814-0032 | Total Assessment | $143,820 |
| Land Assessment | $13,980 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $129,840 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
01814-0032
Land Assessment
$13,980
Improvements Assessment
$129,840
Total Assessment
$143,820
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 16
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
320 Tompkins 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.