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487 Prospect Pl 8 Unit Apartment Building Offered at $1,300,000 at a 10.54% Cap Rate Brooklyn, NY 11238

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Executive Summary

• Extremely well cared for family owned 8 Family in Crown Heights Brooklyn
• All units are 2 bedrooms / 1 Bath
• 7 RS , 1 RC
• All units are in clean conditions as shown in photos
• Do not Disturb the tenants

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,300,000
Price Per Unit $162,500
Sale Type Investment
Cap Rate 10.54%
No. Units 8
Property Type Multifamily
Building Size 8,884 SF
Average Occupancy 100%
No. Stories 4
Year Built 1920

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - -
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 39489322

  • Date on Market: 2/19/2026

  • Last Updated:

  • Address: 487 Prospect Pl, Brooklyn, NY 11238

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