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- LoopNet Team
430 61st St
Brooklyn, NY 11220
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Beautiful brick facade and marble entry
- rear courtyard
- 4,100 sq ft basement
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 16,512 SF |
| Property Subtype | Apartment | Average Occupancy | 81% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 1912 |
| Zoning | R6A - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx. | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 16,512 SF |
| Average Occupancy | 81% |
| No. Stories | 4 |
| Year Built | 1912 |
| Zoning | R6A - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx. |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Yard
- Basement
SITE AMENITIES
- Storage Space
- Public Transportation
ABOUT 430 61ST ST , BROOKLYN, NY 11220
Large 16 unit apartment building well maintained by long term owner. All spacious 2 and 3 BR units, 16,512 sq.ft. plus 4,100 sq.ft. cellar that could be used to increase income. Currently 3 vacant units. Close to subways and neighborhood amenities. Consistent ability to grow rent roll and increase cap rate as only 2 apartments is at market value.For the serious building management buy and hold owner who want a solid long term investment. -- • Between 4th Avenue and 5th Avenue • The property is built 48 ft x 86 ft • The lot is built 48 ft x 100 ft • R6A Zoning • 16,512 SF building with a 4,100 SF cellar • Close Proximity to N and R subway lines • 16 Apartments (8 three-bedroom, one bathroom units, 8 two-bedroom, one-bathroom units) • 2 Permanently Exempt units • 14 Rent Stabilized Units and 2 Free Market Units • Units 1A and 2B are vacant • 4 of the 16 units have been renovated (1D, 2D, 4C and 4A) • New gas boiler installed 5 years ago • Video intercom for each unit
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 16 | - | - |
PROPERTY TAXES
| Parcel Number | 05791-0021 | Improvements Assessment | $530,100 |
| Land Assessment | $32,400 | Total Assessment | $562,500 |
PROPERTY TAXES
