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49 Saint Nicholas Ave 6 Unit Apartment Building $1,350,000 ($225,000/Unit) 6.75% Cap Rate Brooklyn, NY 11237



INVESTMENT HIGHLIGHTS
- 27’ wide brick six family in prime Bushwick location, on Jefferson L Train
- Protected tax class 2A
- Two of the six units are renovated and free market
- Download linked OM which contains current and projected rent rolls.
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| Price | $1,350,000 | Building Class | C |
| Price Per Unit | $225,000 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 5,832 SF |
| Cap Rate | 6.75% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R4 | ||
| Price | $1,350,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,832 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
| Zoning | R4 |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (94)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 03201-0005 | Improvements Assessment | $551,700 |
| Land Assessment | $67,500 | Total Assessment | $619,200 |
PROPERTY TAXES
Parcel Number
03201-0005
Land Assessment
$67,500
Improvements Assessment
$551,700
Total Assessment
$619,200
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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49 Saint Nicholas Ave
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