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355 New Lots Ave
Brooklyn, NY 11207
Multifamily Property For Sale
·
5 Units

Property Facts
| No. Units | 5 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 3,383 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1930 |
| Zoning | R6/ C1-3 - Medium density residential district,- Commercial district predominantly residential in character | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,383 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6/ C1-3 - Medium density residential district,- Commercial district predominantly residential in character |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Basement
About 355 NEW LOTS AVE , BROOKLYN, NY 11207
Coldwell Banker Reliable Commercial Division is pleased to offer 355 New Lots Avenue, located in the East New York section of Brooklyn for sale. This 5 unit, 4,283 square foot, mixed-use property also features a laundromat business on the lower level. The 1st floor includes an owner-occupied laundromat with 2,028 square feet of retail space while the 2nd and 3rd floors feature 4-one bedroom apartments with a combined 2,255 square feet of residential space. Financial projections: $423,240 in gross revenue, $285,406 in expenses, a net income of $137,834 and a 6.77% cap rate.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,300 | - |
Links
Property Taxes
| Parcel Number | 03839-0053 | Improvements Assessment | $195,750 |
| Land Assessment | $3,600 | Total Assessment | $199,350 |
Property Taxes
Listing ID: 16620624
Date on Market: 7/15/2019
Last Updated:
Address: 355 New Lots Ave, Brooklyn, NY 11207
The East New York Multifamily Property at 355 New Lots Ave, Brooklyn, NY 11207 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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