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8500-8514 4th Ave
Brooklyn, NY 11209
Multifamily Property For Sale
·
49 Units
Investment Highlights
- Bay Ridge elevator mixed-use building | 49 residential & 8 commercial
- Seconds to national retailers: Gap, Chase Bank, Sephora, McDonald’s, Wendy’s, Victoria’s Secret, Duane Reade, and T-Mobile
- Asking price equates to $234/SF | 6.12% cap rate | 8.37x the rent roll
- Excellent location, less than a block from the busiest stretch of 86th Street
- Directly in front of the “R” Train 86th Street stop
- Long-term family ownership
Property Facts
| No. Units | 49 | Lot Size | 3.40 AC |
| Property Type | Multifamily | Building Size | 57,500 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | R7B/C4-2A - Regional Commercial Center | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 3.40 AC |
| Building Size | 57,500 SF |
| No. Stories | 5 |
| Year Built | 1925 |
| Zoning | R7B/C4-2A - Regional Commercial Center |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- On-Site Retail
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | - | - |
| 2+1 | 35 | - | - |
Property Taxes
| Parcel Number | 06034-0041 | Improvements Assessment | $3,486,600 |
| Land Assessment | $371,250 | Total Assessment | $3,857,850 |
Property Taxes
Parcel Number
06034-0041
Land Assessment
$371,250
Improvements Assessment
$3,486,600
Total Assessment
$3,857,850
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