This Multifamily Property is no longer advertised on LoopNet.com.

418 New Jersey Ave
Brooklyn, NY 11207
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,600 SF
No. Stories 3
Year Built 1930
Zoning R6, Brooklyn (C2) - Medium density residential district

Amenities

Site Amenities

  • On-Site Retail

About 418 NEW JERSEY AVE , BROOKLYN, NY 11207

418 New Jersey Avenue is located in the heart of East New York and a Pre-War building built in 1930. All of the 6 Residential apartments are Fully occupied and the net income per year is over 7%! The closest subway to 418 New Jersey Avenue is 6 Blocks away on the 3 Line stop on Pennsylvania Avenue. Each of the 6 apartments are identical and all are Two Bedroom flats with One bathroom. The building details are as follows:] Block: 3772 Lot: 34 Property Characteristics: Lot Area: 2,000 sq ft (20' x 100') # of Buildings: 1 Year built: 1930 Building frontage: 20' (Building frontage along the street measured in feet.) # of floors: 3 Building Area: 3,600 sq ft Total Units: 5 Residential Units: 5 Primary zoning: R6 Commercial Overlay: C1-3 Floor Area Ratio: 1.8 Max. Allowable Residential FAR: 2.43 Max. Allowable Commercial FAR: 0 Max. Allowable Facility FAR: 4.8 For access, we require 24 Hours notice.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 5 - -

Property Taxes

Property Taxes

Parcel Number
03772-0034
Land Assessment
$13,950
Improvements Assessment
$247,050
Total Assessment
$261,000
  • Listing ID: 16107077

  • Date on Market: 5/20/2019

  • Last Updated:

  • Address: 418 New Jersey Ave, Brooklyn, NY 11207

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