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56 Frost St
Brooklyn, NY 11211
Multifamily Property For Sale · 8 Units

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,189 SF
Average Occupancy 87%
No. Stories 4
Year Built 2017
Zoning M1-2R6

Amenities

Unit Amenities

  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access

About 56 FROST ST , BROOKLYN, NY 11211

Brand new high-end luxury construction multi-family 8 unit all free-market fully-leased building for sale in prime Williamsburg Brooklyn a quick walk to the Lorimer L/G and McCarren Park. Laundry in basement, roofdeck, small gym, handicap elevator for the first floor, yard, private terraces each unit. 4 floors, 2 units per floor 1F: 1bed / 1.5 ba duplex 1R: 2bed /1.5 ba duplex with yard 2F: 2 bed/ 1.5 ba with priv terrace 2R: 2 bed/ 1.5 ba with priv terrace 3F: 2 bed/ 1.5 ba with priv terrace 3R: 2 bed/ 1.5 ba with priv terrace PHF: 3 bed/ 1.5 ba duplex with priv roofdeck PHR: 3 bed/ 1.5 ba duplex with priv roofdeck Current Rent Roll: $382,5000 Taxes (estimated): $48,000 Misc / Super: $5,000 Common Utils:$6,000 Insurance: $12,000 Total Yearly Expenses: $83,000 Actual NOI (year): $311,5000 Purchase Price: $6,550,000 (Cap Rate): 4.76%

Property Taxes

Property Taxes

Parcel Number
02737-0010
Land Assessment
$125,100
Improvements Assessment
$1,102,050
Total Assessment
$1,227,150
  • Listing ID: 11126833

  • Date on Market: 1/3/2018

  • Last Updated:

  • Address: 56 Frost St, Brooklyn, NY 11211

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