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819 8Th Avenue 9 Unit Apartment Building $7,300,000 ($811,111/Unit) 5.87% Cap Rate Brooklyn, NY 11215



EXECUTIVE SUMMARY
Luxurious Boutique Corner Building Steps From Prospect Park in Prime Park Slope
Condo Style Finishes
Protected Tax Class 2B
83% FM
Stable Retail Tenants with Long Leases
Apartments feature Italian-made cabinetry, oak flooring, marble bathrooms, split system HVAC, Washer/Dryer, Virtual Doorman.
Corner of 8th Avenue and 9th Street, Prime Park Slope
Steps From Prospect Park and F/G Train.
Condo Style Finishes
Protected Tax Class 2B
83% FM
Stable Retail Tenants with Long Leases
Apartments feature Italian-made cabinetry, oak flooring, marble bathrooms, split system HVAC, Washer/Dryer, Virtual Doorman.
Corner of 8th Avenue and 9th Street, Prime Park Slope
Steps From Prospect Park and F/G Train.
PROPERTY FACTS
| Price | $7,300,000 | Property Subtype | Apartment |
| Price Per Unit | $811,111 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 5.87% | Building Size | 6,383 SF |
| No. Units | 9 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1920 |
| Zoning | R7B - Medium-density apartment house district with lower parking requirements | ||
| Price | $7,300,000 |
| Price Per Unit | $811,111 |
| Sale Type | Investment |
| Cap Rate | 5.87% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 6,383 SF |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | R7B - Medium-density apartment house district with lower parking requirements |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
1 1
Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 01091-0001 | Improvements Assessment | $935,550 |
| Land Assessment | $8,550 | Total Assessment | $944,100 |
PROPERTY TAXES
Parcel Number
01091-0001
Land Assessment
$8,550
Improvements Assessment
$935,550
Total Assessment
$944,100
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819 8Th Avenue
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