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552 Metropolitan Ave
Brooklyn, NY 11211
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Half a block from the L & G trains, with entrances on Metropolitan Ave at both Lorimer St and at Union Ave
  • Three of the apartments and the commercial space are to be delivered vacant
  • Property benefits from approximately 4,950 SF of additional air rights
  • Eight-unit building, comprised of seven residential apartments and one small commercial space
  • Four apartments are rent stabilized and are currently occupied
  • Tax class 2B

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.07 AC
Building Size 4,866 SF
Average Occupancy 50%
No. Stories 4
Year Built 1930
Zoning R7A / C2-4 - 3.45 FAR as of right (9,808 free market buildable SF), or 4.60 FAR with inclusionary housing (13,078 buildable SF w/ IH)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02761-0020
Land Assessment
$51,750
Improvements Assessment
$848,250
Total Assessment
$900,000
  • Listing ID: 23936598

  • Date on Market: 8/19/2021

  • Last Updated:

  • Address: 552 Metropolitan Ave, Brooklyn, NY 11211

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