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825 57th St 6 Unit Apartment Building $7,900,000 ($1,316,667/Unit) Brooklyn, NY 11220
EXECUTIVE SUMMARY
Welcome to this incredible mixed-use building, located in the heart of Sunset Park and seconds from 8th Avenue. Building size 40’x100’ on lot 40’x100’. Perfectly positioned in a prime location, this property is close to an abundance of restaurants, supermarkets, shops, pharmacies, bakeries, banks and more making it an excellent investment opportunity. The location is truly unbeatable, situated in a highly desirable neighborhood with easy access to public transportation. This building features 8 commercial units/stores offering the potential for long-term tenants and consistent rental income. Above the commercial spaces, you'll find 6 spacious residential units, each boasting beautiful layouts and comfortable living spaces. Additionally, this building offers four dedicated indoor parking spots, a valuable asset in this area where parking is in high demand. Don't miss out on this exceptional opportunity to own a prime mixed-use building with rent increase potential. Schedule your showing today!
PROPERTY FACTS
| Price | $7,900,000 | Building Class | C |
| Price Per Unit | $1,316,667 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 21,400 SF |
| No. Units | 6 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2003 |
| Property Subtype | Apartment | Parking Ratio | 0.19/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | R6 - Mixed use zoning | ||
| Price | $7,900,000 |
| Price Per Unit | $1,316,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 21,400 SF |
| No. Stories | 6 |
| Year Built | 2003 |
| Parking Ratio | 0.19/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R6 - Mixed use zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- On-Site Retail
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (93)
PROPERTY TAXES
| Parcel Number | 05686-0068 | Improvements Assessment | $1,670,850 |
| Land Assessment | $43,200 | Total Assessment | $1,714,050 |
PROPERTY TAXES
Parcel Number
05686-0068
Land Assessment
$43,200
Improvements Assessment
$1,670,850
Total Assessment
$1,714,050
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825 57th St
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