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626 Vanderbilt Ave 3 Unit Apartment Building $3,150,000 ($1,050,000/Unit) 5.20% Cap Rate Brooklyn, NY 11238
EXECUTIVE SUMMARY
626 Vanderbilt Avenue offers investors a fully leased, income-generating mixed-use property in the heart of Brooklyn. The recently renovated building features two residential and one commercial unit, both providing strong rental income with room for growth. Residential rents are expected to rise by 10.76% over the next year, while the prime retail location ensures stable cash flow from commercial tenants with long-term leases.
PROPERTY FACTS
| Price | $3,150,000 | Apartment Style | Low-Rise |
| Price Per Unit | $1,050,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 5.20% | Building Size | 3,135 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | ||
| Zoning | R7A - R7A Contextual Residential Zoning District in NYC. This is a multifamily residential zone with medium sized buildings. | ||
| Price | $3,150,000 |
| Price Per Unit | $1,050,000 |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,135 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Zoning | R7A - R7A Contextual Residential Zoning District in NYC. This is a multifamily residential zone with medium sized buildings. |
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Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 01158-0045 | Improvements Assessment | $186,840 |
| Land Assessment | $19,260 | Total Assessment | $206,100 |
PROPERTY TAXES
Parcel Number
01158-0045
Land Assessment
$19,260
Improvements Assessment
$186,840
Total Assessment
$206,100
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626 Vanderbilt Ave
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