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471-475 Chauncey St
Brooklyn, NY 11233
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 11,314 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1905 |
| Building Class | C | ||
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 11,314 SF |
| No. Stories | 3 |
| Year Built | 1905 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
ABOUT 471-475 CHAUNCEY ST , BROOKLYN, NY 11233
Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 471-475 Chauncey Street, a pair of walk-up multifamily buildings in the Bedford-Stuyvesant neighborhood of Brooklyn. • The package is located on the north side side of Chauncey Street between Saratoga Avenue and Thomas S Boyland Street. • The buildings comprise of 11,314 SF and include nine side-by-side 2BR units and three 3BR units. Air shafts and basement will allow additional bedrooms through renovation. • The average monthly rent is $1,250, 50% of market levels, offering significant and clear upside while collecting a solid return in the short term. • The subways are 3 blocks away at Chauncey Street and Broadway, and the subway is 5 blocks away at Fulton Street. • Take advantage of this opportunity to own a cash flowing investment property in one of Brooklyn’s most rapidly growing neighborhoods For more information, or if you would like Cushman & Wakefield to prepare a complimentary opinion of value for your property, please contact The Johnston Team at 718-307-6515 or DJ.Johnston@cushwake.com.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 3 | - | 801 - 830 |
| 2+1 | 9 | - | 801 - 830 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $733,950 | |
| Land Assessment | $87,750 | Total Assessment | $821,700 |
PROPERTY TAXES
