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543 49th St 8 Unit Apartment Building $1,550,000 ($193,750/Unit) 8% Cap Rate Brooklyn, NY 11220
Executive Summary
Rare-Find Great Investment 8-Family Building with 8% Cap is located in Prime Sunset Park Neighborhood. It features 8 two-bedroom apartments on the four stories Over basement with front separate entrance, net operation income is over $120,000 building size 25x69' sitting on 25x100' lot and huge potential for growth. Won't Last!
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$161,422
|
$25.43
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$161,422
|
$25.43
|
| Taxes |
$16,827
|
$2.65
|
| Operating Expenses |
$23,276
|
$3.67
|
| Total Expenses |
$40,103
|
$6.32
|
| Net Operating Income |
$121,319
|
$19.11
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $161,422 |
| Annual Per SF | $25.43 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $161,422 |
| Annual Per SF | $25.43 |
| Taxes | |
|---|---|
| Annual | $16,827 |
| Annual Per SF | $2.65 |
| Operating Expenses | |
|---|---|
| Annual | $23,276 |
| Annual Per SF | $3.67 |
| Total Expenses | |
|---|---|
| Annual | $40,103 |
| Annual Per SF | $6.32 |
| Net Operating Income | |
|---|---|
| Annual | $121,319 |
| Annual Per SF | $19.11 |
Property Facts Under Contract
| Price | $1,550,000 | Building Class | C |
| Price Per Unit | $193,750 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 6,348 SF |
| Cap Rate | 8% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Hi-Rise | ||
| Zoning | R6B - Medium density residential district | ||
| Price | $1,550,000 |
| Price Per Unit | $193,750 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Hi-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,348 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1910 |
| Opportunity Zone |
Yes |
| Zoning | R6B - Medium density residential district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 00775-0068 | Total Assessment | $674,100 (2025) |
| Land Assessment | $13,500 (2025) | Annual Taxes | $16,827 ($2.65/SF) |
| Improvements Assessment | $660,600 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
00775-0068
Land Assessment
$13,500 (2025)
Improvements Assessment
$660,600 (2025)
Total Assessment
$674,100 (2025)
Annual Taxes
$16,827 ($2.65/SF)
Tax Year
2024
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543 49th St
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