Share This Listing

Message

918 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Amazing opportunity for seasoned investors and/or new entrepreneurs!
This portfolio consists of 5 apartments | 1 stores | garage.
All are located close to each other in East Flatbush and East NY.
3324 Tilden Ave
Number of Units: 5 apartments + store + garage
Building Size: 4,550 SF
Lot Size: 1,868 SF
Zoning: R4
FAR: 0.75
101 Belmont Ave
Number of Units: 2 apartments + store
Building Size: 3,000 SF
Lot Size: 1,000 SF
Zoning: R6, C1-3 overlay
FAR: 2.0
296 Legion St
Number of Units: 3 apartments + store + garage
Building Size: 6,100 SF
Lot Size: 2,000 SF
Zoning: R6, C2-3 overlay
FAR: 2.0
85 Dumont Ave
Number of Units: 2 apartments + store
Building Size: 1,344 SF
Lot Size: 776
Zoning: R6, C1-3 overlay
FAR: 2.0

East New York consists of mixed properties but primarily semi-detached homes, two-to-four-family houses, and multi-unit apartment buildings, including condominiums and co-ops. The total land area is one square mile. The area is also home to the East Brooklyn Industrial Park
Flatbush is a neighborhood in Brooklyn New York with a population of 94,330 and is one of the best places to live in New York. Living in Flatbush offers residents a dense urban feel and most residents rent their homes. In Flatbush, there are a lot of bars, restaurants, coffee shops, and parks. Many families and young professionals live in Flatbush and residents tend to be liberal. The public schools in Flatbush are above average.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,850 SF
Building Class
C
Year Built
1931
Price
$1,350,000
Price Per SF
$473.68
Cap Rate
10%
NOI
$135,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.64
Lot Size
0.04 AC
Zoning
R4, Brooklyn, (S5)
Frontage
20’ on Tilden Ave
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

CTown
Citi
Golden Krust Caribbean Restaurants
Tex's Chicken & Burgers
Rent-A-Center
Chase Bank
Associated Food
Crunch Fitness
TD Bank
IHOP

Property Taxes

Property Taxes

Parcel Number
04918-0010
Land Assessment
$7,650
Improvements Assessment
$172,800
Total Assessment
$180,450
  • Listing ID: 28426869

  • Date on Market: 5/8/2023

  • Last Updated:

  • Address: 3324 Tilden Ave, Brooklyn, NY 11203

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") }}