This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
373 S 4th St
Brooklyn, NY 11211
Multifamily Property For Sale
·
30 Units
PROPERTY FACTS
| No. Units | 30 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 19,968 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | R6,Brooklyn,(C1) | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 19,968 SF |
| No. Stories | 6 |
| Year Built | 1925 |
| Zoning | R6,Brooklyn,(C1) |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Washer/Dryer
- Hardwood Floors
SITE AMENITIES
- Elevator
ABOUT 373 S 4TH ST , BROOKLYN, NY 11211
TerraCRG has been retained to exclusively represent ownership in the sale of a two building portfolio in the Williamsburg neighborhood of Brooklyn. The two buildings --373 S 4th Street and 380 S 4th Street -- present a rare opportunity to acquire 60 residential units and 1 commercial space in the highly sought after Williamsburg market. The portfolio offers stable cash flow with current net operating income of ~$1.018M and upside as 45% the units are achieving rents 75% below market. The buildings are located in close proximity to Bedford Avenue and Metropolitan Avenue and within walking distance of the J,M,Z subway lines and the L train, providing ideal transportation access for tenants.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | - |
| 2+1 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 02438-0036 | Improvements Assessment | $1,501,200 |
| Land Assessment | $213,750 | Total Assessment | $1,714,950 |
PROPERTY TAXES
