371 Stockholm St | Brooklyn, NY 11237
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- LoopNet Team
371 Stockholm St
Brooklyn, NY 11237
The Scarlet · Multifamily Property For Sale
·
28 Units
Investment Highlights
- New Construction Built in 2020 | 421-a Tax Abatement Expiring in 2055
- Commercial + Parking on Long-Term Lease with Wyckoff Hospital
- Offering Significant Free-Market Upside with Strong Stabilized Income and Minimal Capex
- 27 Luxury Apartments | Includes Five Duplexed Units | Four Units with Private Outdoor Space
- Subterranean Garage with 31 Car Parking Spaces and 14 Bicycle Parking Spaces
- Phenomenal Bushwick Location | Between Saint Nicholas and Wyckoff Avenues
Property Facts
| No. Units | 28 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 28,720 SF |
| Property Subtype | Apartment | No. Stories | 9 |
| Apartment Style | Mid-Rise | Year Built | 2018 |
| Building Class | B | ||
| Zoning | R6 - Medium density residential district | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.18 AC |
| Building Size | 28,720 SF |
| No. Stories | 9 |
| Year Built | 2018 |
| Zoning | R6 - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Fitness Center
- Laundry Facilities
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 22 | - | 532 - 600 |
| 3+1.5 | 5 | - | 732 - 850 |
Property Taxes
| Parcel Number | 03249-0035 | Improvements Assessment | $3,490,650 |
| Land Assessment | $172,800 | Total Assessment | $3,663,450 |
Property Taxes
Parcel Number
03249-0035
Land Assessment
$172,800
Improvements Assessment
$3,490,650
Total Assessment
$3,663,450
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