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340 Mcguinness Blvd
Brooklyn, NY 11222
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Close to public transit
- High Traffic Area
- Short distance to Queens via Pulaski Bridge, Midtown Tunnel, Long Island Expressway, Ferry to Manhattan.
- Prime Brooklyn Location
EXECUTIVE SUMMARY
Prime Investment with lots of growth opportunities in the Greenpoint area of Brooklyn, NY. *** Exclusive Listing*** By appointment only***.
Excellent condition brick and stucco building for sale. It is 6 family property, each with 2 bedrooms, 1 full bath, eat-in kitchen. Income $134,617 with 2 units becoming vacant. The building also has a full basement with access to the backyard and patio. All apartments are remodeled, newer roof-2022, new water heater-2024, new gas heater-2024. The basement has 6 rooms plus a utility room and a granite half bath. The owner installed 8 surveillance cameras inside and out of the building. Great location; close to transportation, it is a short distance from Long Island City/Queens via the Pulaski Bridge, Lon Island Expressway, and Midtown Tunel or ferry to Midtown Manhattan. Appointments are made through the Listing Agent. Serious Buyers only
Excellent condition brick and stucco building for sale. It is 6 family property, each with 2 bedrooms, 1 full bath, eat-in kitchen. Income $134,617 with 2 units becoming vacant. The building also has a full basement with access to the backyard and patio. All apartments are remodeled, newer roof-2022, new water heater-2024, new gas heater-2024. The basement has 6 rooms plus a utility room and a granite half bath. The owner installed 8 surveillance cameras inside and out of the building. Great location; close to transportation, it is a short distance from Long Island City/Queens via the Pulaski Bridge, Lon Island Expressway, and Midtown Tunel or ferry to Midtown Manhattan. Appointments are made through the Listing Agent. Serious Buyers only
PROPERTY FACTS
| Price Per Unit | $316,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 6.04% | Building Size | 5,200 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1930/2024 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | M1-1 | ||
| Price Per Unit | $316,667 |
| Sale Type | Investment |
| Cap Rate | 6.04% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 5,200 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1930/2024 |
| Opportunity Zone |
Yes |
| Zoning | M1-1 |
AMENITIES
UNIT AMENITIES
- Heating
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 02514-0002 | Improvements Assessment | $627,300 |
| Land Assessment | $6,300 | Total Assessment | $633,600 |
PROPERTY TAXES
Parcel Number
02514-0002
Land Assessment
$6,300
Improvements Assessment
$627,300
Total Assessment
$633,600
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