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393 Rogers Ave
Brooklyn, NY 11225
Multifamily Property For Sale
·
3 Units
Executive Summary
Turnkey Three-Family Strong Income + End-User Flexibility.
393 Rogers Avenue presents a gut-renovated, turnkey three-family townhouse built approximately 20 x 50' on 20' 90' lot at the crossroads of Crown Heights
and Prospect Lefferts Gardens. Delivering an approximate 6.5% cap rate with low taxes, this is a compelling opportunity for investors seeking immediate, stable returns. Equally appealing for an end-user, the property offers the flexibility to occupy the vacant unit while leveraging rental income from the remaining apartments to offset ownership costs from day-1.
Each residence is configured as a spacious three-bedroom with at least two full baths. The garden unit features a bonus recreation level with an additional half
bath, nearly 8-foot ceilings, and direct access to a private, serene backyard. Ceiling heights reach approximately 11 feet on the parlor level, enhancing light and
volume throughout.
All units have been thoughtfully finished with a cohesive, modern design, including:
-Central air conditioning & heating
-Natural oak hardwood flooring
-Pella architectural series windows
-Black granite countertops and stainless steel appliances
-In-unit gas washer/dryer and dishwasher
-Video intercom
-Recessed lighting
-Contemporary, fully renovated bathrooms
A shared, finished roof deck offers open views and added outdoor space for residents.
Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route, the property is surrounded by neighborhood
favorites including Bomberino, Bobbed Bandit, and Lidl. Nearby Prospect Park, the Prospect Park Zoo, and Brooklyn Public Library round out the lifestyle appeal.
393 Rogers Avenue presents a gut-renovated, turnkey three-family townhouse built approximately 20 x 50' on 20' 90' lot at the crossroads of Crown Heights
and Prospect Lefferts Gardens. Delivering an approximate 6.5% cap rate with low taxes, this is a compelling opportunity for investors seeking immediate, stable returns. Equally appealing for an end-user, the property offers the flexibility to occupy the vacant unit while leveraging rental income from the remaining apartments to offset ownership costs from day-1.
Each residence is configured as a spacious three-bedroom with at least two full baths. The garden unit features a bonus recreation level with an additional half
bath, nearly 8-foot ceilings, and direct access to a private, serene backyard. Ceiling heights reach approximately 11 feet on the parlor level, enhancing light and
volume throughout.
All units have been thoughtfully finished with a cohesive, modern design, including:
-Central air conditioning & heating
-Natural oak hardwood flooring
-Pella architectural series windows
-Black granite countertops and stainless steel appliances
-In-unit gas washer/dryer and dishwasher
-Video intercom
-Recessed lighting
-Contemporary, fully renovated bathrooms
A shared, finished roof deck offers open views and added outdoor space for residents.
Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route, the property is surrounded by neighborhood
favorites including Bomberino, Bobbed Bandit, and Lidl. Nearby Prospect Park, the Prospect Park Zoo, and Brooklyn Public Library round out the lifestyle appeal.
Property Facts
| Price Per Unit | $832,667 | Apartment Style | Townhome |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.58% | Lot Size | 0.04 AC |
| Gross Rent Multiplier | 13.65 | Building Size | 3,000 SF |
| No. Units | 3 | Average Occupancy | 66% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1920/2018 |
| Zoning | R5 | ||
| Price Per Unit | $832,667 |
| Sale Type | Investment |
| Cap Rate | 6.58% |
| Gross Rent Multiplier | 13.65 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 66% |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2018 |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Yard
- Basement
- Garden
- Smoke Free
- Large Bedrooms
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | 1,000 |
Property Taxes
| Parcel Number | 01315-0005 | Improvements Assessment | $113,940 |
| Land Assessment | $19,620 | Total Assessment | $133,560 |
Property Taxes
Parcel Number
01315-0005
Land Assessment
$19,620
Improvements Assessment
$113,940
Total Assessment
$133,560
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