590 Leonard St | Brooklyn, NY 11222
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- LoopNet Team
590 Leonard St
Brooklyn, NY 11222
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Large Mostly Free Market 6 Family in Prime Greenpoint
- 5 of 6 Units Gut Renovated & FM | No Cap Ex Needed to Achieve Pro Forma
- Between Nassau & Norman Avenue | 1 Block from G Train at Nassau Avenue
- 5,235 Gross SF | Building built 25’ x 65’ w/ additional extension on all 3 floors
- Significant upside in Current FM Rents | Ability to Build into Above a 6% Cap Rate w/ Turnover
- 2 Blocks from McCarren Park | 1 Block from Nassau Avenue G Train
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 5,235 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built | 1930 |
| Zoning | R6 - In NYC, R6 Zoning is a medium-density residential zoning district. It has optional regulations for the Quality Housing Program. | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 5,235 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R6 - In NYC, R6 Zoning is a medium-density residential zoning district. It has optional regulations for the Quality Housing Program. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 02648-0050 | Improvements Assessment | $945,450 |
| Land Assessment | $112,500 | Total Assessment | $1,057,950 |
PROPERTY TAXES
Parcel Number
02648-0050
Land Assessment
$112,500
Improvements Assessment
$945,450
Total Assessment
$1,057,950
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