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68 Middagh St
Brooklyn, NY 11201
Multifamily Property For Sale · 11 Units

INVESTMENT HIGHLIGHTS

  • Located in the Brooklyn Heights neighborhood in Brooklyn, NY
  • Pro Forma 4.9% Cap Rate | $540,909 Price/Unit | $650 PSF
  • Nearby P.S. 8 Robert Fulton School, Edmund W Gordon Brooklyn Laboratory School and Urban Assembly Institute of Math and Science for Young Women School
  • Built in 1900 and has 5 stories and 11 units | Mechanicals and Structure in mint condition
  • Ability to re-renovate FM units with 2021 finishes | Very attractive basis for future condo or single-family conversion
  • Magnificent NYC skyline and bridge views | Unused backyard space

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.05 AC
Building Size 9,156 SF
No. Stories 5
Year Built 1900
Zoning R7-1,Brooklyn,(C1)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00216-0019
Land Assessment
$33,750
Improvements Assessment
$1,146,150
Total Assessment
$1,179,900
  • Listing ID: 22953181

  • Date on Market: 5/6/2021

  • Last Updated:

  • Address: 68 Middagh St, Brooklyn, NY 11201

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