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485 E 28th St
Brooklyn, NY 11226
Multifamily Property For Sale
·
18 Units
Investment Highlights
- 33+ Years 421a Tax Abatement Remaining
- Flatbush Rents are up 22% since 2023 and immediate upside here through amenity-activation
- Turnkey /Low Maintenance Properties -- all electric, no violations, very clean
- 95% Leased Elevator Buildings with Condo-Quality Finishes and Multiple Balconies
- Two blocks from 2/5 Subway
- Can be sold together or separately
Property Facts
| No. Units | 18 | Building Size | 16,967 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 6 |
| Building Class | B | Year Built | 2023 |
| Lot Size | 0.09 AC | Parking Ratio | 0.53/1,000 SF |
| Zoning | R6 - Zoned R6 allowing medium-density residential use, including elevator or walk-up buildings with flexible height and bulk regulations. | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 16,967 SF |
| Average Occupancy | 95% |
| No. Stories | 6 |
| Year Built | 2023 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | R6 - Zoned R6 allowing medium-density residential use, including elevator or walk-up buildings with flexible height and bulk regulations. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Granite Countertops
- Basement
- Patio
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Wi-Fi
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 17 | - | - |
Property Taxes
| Parcel Number | 05215-0070 | Improvements Assessment | $1,265,400 |
| Land Assessment | $171,000 | Total Assessment | $1,436,400 |
Property Taxes
Parcel Number
05215-0070
Land Assessment
$171,000
Improvements Assessment
$1,265,400
Total Assessment
$1,436,400
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