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881 St Johns Pl 12 Unit Apartment Building $2,750,000 ($229,167/Unit) Brooklyn, NY 11216
INVESTMENT HIGHLIGHTS
- Best Block
- Delivered Vacant
EXECUTIVE SUMMARY
Brownstone Real Estate is excited to announce the exclusive sale of 881 St. Johns Place – a great opportunity for a rehabilitation or condominium conversion. Located in Brooklyn’s Crown Heights Historic District, this impressive property is comprised of 12 residential units in a 26’ wide by 82’ deep building, on an oversized lot (26’ X 155’). Crown Heights is a thriving a neighborhood in the central portion of Brooklyn. It is bounded by Washington Avenue to the west, Atlantic Avenue to the north, Ralph Avenue to the east, and Empire Boulevard to the south.
Building being sold as-is, all cash, and no financing contingency. Proof of funds required with all LOI submissions.
Building being sold as-is, all cash, and no financing contingency. Proof of funds required with all LOI submissions.
PROPERTY FACTS
| Price | $2,750,000 | Building Class | C |
| Price Per Unit | $229,167 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 5,700 SF |
| No. Units | 12 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1905 |
| Apartment Style | Low-Rise | ||
| Zoning | R6 - R6 is a medium-density residential zoning district. | ||
| Price | $2,750,000 |
| Price Per Unit | $229,167 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,700 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1905 |
| Zoning | R6 - R6 is a medium-density residential zoning district. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 01248-0054 | Improvements Assessment | $241,200 |
| Land Assessment | $109,350 | Total Assessment | $350,550 |
PROPERTY TAXES
Parcel Number
01248-0054
Land Assessment
$109,350
Improvements Assessment
$241,200
Total Assessment
$350,550
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881 St Johns Pl
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