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8820 Avenue J 24 Unit Apartment Building $10,500,000 ($437,500/Unit) 6.72% Cap Rate Brooklyn, NY 11236



Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $10,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $437,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.37 AC |
| Cap Rate | 6.72% | Building Size | 29,500 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | Parking Ratio | 0.54/1,000 SF |
| Zoning | R5B - R5b 22,035 Lot dimensions 158.79 x 100.18 | ||
| Price | $10,500,000 |
| Price Per Unit | $437,500 |
| Sale Type | Investment |
| Cap Rate | 6.72% |
| Sale Condition | 1031 Exchange |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 29,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 0.54/1,000 SF |
| Zoning | R5B - R5b 22,035 Lot dimensions 158.79 x 100.18 |
Amenities
Unit Amenities
- Cable Ready
- Storage Space
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 8 | - | - |
| 2+2 | 8 | - | 800 |
1 1
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (83)
Property Taxes
| Parcel Number | 08040-0043 | Improvements Assessment | $940,500 (2025) |
| Land Assessment | $222,300 (2025) | Total Assessment | $1,162,800 (2025) |
Property Taxes
Parcel Number
08040-0043
Land Assessment
$222,300 (2025)
Improvements Assessment
$940,500 (2025)
Total Assessment
$1,162,800 (2025)
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Presented by
Blue Key Real Estate Brokerage
8820 Avenue J
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