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70 E 39th St 3 Unit Apartment Building $1,650,000 ($550,000/Unit) 5.45% Cap Rate Brooklyn, NY 11203
EXECUTIVE SUMMARY
70 East 39th Street is a newly renovated three family house in a prime Flatbush location. The building features three beautiful units that an owner occupant or an investor would be proud to own. The property has secure parking for three cars, large decks and private patios attached to each apartment. Every space in the building is currently leased and will provide guaranteed cash flow to the future owners. The interior of the units features ultra-modern finishes that will attract tenants for years to come. Because the house is directly across from Kings County Hospital, there is continued demand for housing in the area.
PROPERTY FACTS
| Price | $1,650,000 | Apartment Style | Low-Rise |
| Price Per Unit | $550,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 5.45% | Building Size | 2,970 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 0.67/1,000 SF |
| Zoning | R5 | ||
| Price | $1,650,000 |
| Price Per Unit | $550,000 |
| Sale Type | Investment |
| Cap Rate | 5.45% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,970 SF |
| No. Stories | 3 |
| Year Built | 1950 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R5 |
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Walk Score®
Very Walkable (81)
Transit Score®
Rider's Paradise (91)
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70 E 39th St
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