641 Central Ave | Brooklyn, NY 11207
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- LoopNet Team
641 Central Ave
Brooklyn, NY 11207
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Fantastic Light & Air: 120 feet of corner frontage provides significant light and air, allowing for efficient unit layouts.
- Transportation Accessibility: 2-blocks to the Wilson Avenue L-train, providing access to North Bushwick, Williamsburg and Manhattan within 25 minutes.
- Low Maintenance: Building has been renovated and meticulously maintained, with no need for short-term capital improvements.
- Fully Free-Market: The property was converted from a 4-family to an 8-family, via an alteration 1, and never regulated by DHCR.
- Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 5,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1920 |
| Building Class | C | ||
| Zoning | R6 - Medium Density Residential District | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,000 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | R6 - Medium Density Residential District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Sprinkler System
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Public Transportation
- Walk-Up
PROPERTY TAXES
| Parcel Number | 03441-0008 | Improvements Assessment | $522,000 |
| Land Assessment | $9,000 | Total Assessment | $531,000 |
PROPERTY TAXES
Parcel Number
03441-0008
Land Assessment
$9,000
Improvements Assessment
$522,000
Total Assessment
$531,000
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