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733 Hinsdale St 4 Unit Apartment Building $999,000 ($249,750/Unit) 7.60% Cap Rate Brooklyn, NY 11207
EXECUTIVE SUMMARY
733 Hinsdale Street —East New York / Canarsie Border Introducing a 4-unit building ideally situated on the East New York–Canarsie border. Two apartments have been fully renovated one of which are vacant, while the remaining two offer significant upside with below-market income and strong value-add potential. Located just four blocks from the L train and steps from Breukelen Playground, this property provides convenient access to neighborhood amenities and is only 1.5 miles from the Gateway Center’s major retail corridor. A great opportunity for an investor seeking both immediate cash flow and long-term growth in a rapidly developing Brooklyn submarket.
PROPERTY FACTS
| Price | $999,000 | Property Subtype | Apartment |
| Price Per Unit | $249,750 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.60% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 9.25 | Building Size | 3,280 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1930 |
| Zoning | R6 - residential | ||
| Price | $999,000 |
| Price Per Unit | $249,750 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| Gross Rent Multiplier | 9.25 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,280 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | R6 - residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
Walk Score®
Very Walkable (78)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 03875-0004 | Improvements Assessment | $152,100 |
| Land Assessment | $11,700 | Total Assessment | $163,800 |
PROPERTY TAXES
Parcel Number
03875-0004
Land Assessment
$11,700
Improvements Assessment
$152,100
Total Assessment
$163,800
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733 Hinsdale St
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