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1308 Jefferson Ave
Brooklyn, NY 11221
1308 JEFFERSON AVENUE · Multifamily Property For Sale
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7 Units
Investment Highlights
- Corner Property: Prime corner mixed-use building with spacious layouts and prime retail exposure on Jefferson and Wilson Avenue in Bushwick
- Protected Tax Class: 2B Tax class limits tax increases to no more than 8% a year, or 30% over 5 years
- Basis: At the asking price of $1,495,000, the price per square foot equates to $176 and $186,875 per unit
- Lender-Owned: The lender has invested over $50,000 to clear 270 HPD violations, install a new roof, install new windows, and general maintenance
- Public Transportation: Within blocks of the L train at Halsey Street and M train at Myrtle / Wyckoff Avenue
- Well-Located: Short walk to Irving Square Park and major retail corridors on Wilson, Knickerbocker, and Central Avenues
Property Facts
| No. Units | 7 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 8,500 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1910 |
| Building Class | C | ||
| Zoning | R6 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,500 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R6 |
Amenities
Unit Amenities
- Refrigerator
- Oven
Property Taxes
| Parcel Number | 03391-0005 | Improvements Assessment | $561,600 |
| Land Assessment | $9,900 | Total Assessment | $571,500 |
Property Taxes
Parcel Number
03391-0005
Land Assessment
$9,900
Improvements Assessment
$561,600
Total Assessment
$571,500
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