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751 Troy Ave
Brooklyn, NY 11203
640 Lenox Road · Multifamily Property For Sale · 96 Units

Executive Summary

The New York Multifamily team is pleased to offer 751 Troy Avenue, a 96-unit Multifamily Prospect Lefferts Gardens neighborhood for $9,575,000.

Property Facts

Price Per Unit $99,740
Sale Type Investment
Cap Rate 7.40%
Gross Rent Multiplier 5.9
No. Units 96
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.52 AC
Building Size 72,534 SF
No. Stories 6
Year Built 1938
Zoning R5 - Medium density district with a height limit of 40 feet

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Tenant Controlled HVAC
  • Maintenance on site
  • Online Services
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 34 - 708
2+1 66 - 984

Property Taxes

Property Taxes

Parcel Number
04865-0001
Land Assessment
$512,550
Improvements Assessment
$2,259,000
Total Assessment
$2,771,550
  • Listing ID: 34856316

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 751 Troy Ave, Brooklyn, NY 11203

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