916 Brooklyn Ave | Brooklyn, NY 11203
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- LoopNet Team
916 Brooklyn Ave
Brooklyn, NY 11203
Multifamily Property For Sale
·
38 Units
INVESTMENT HIGHLIGHTS
- The building is located in East Flatbush, within walking distance to the “2” & “5” Train at Church Avenue Station.
- Well Managed Property, Offering Attractive Price, Cap Rate, Price/SF & Price/Unit
- Leases in Place (Clean Paperwork)
- Corner, Brick Building (Mixed-Use)
- Room to Reduce Taxes & Expenses & Increase Retail Leases
- Brooklyn Jazz & Sports Club Has Excellent Reviews & Wishes to Extend Lease
PROPERTY FACTS
| No. Units | 38 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 33,820 SF |
| Property Subtype | Apartment | Average Occupancy | 98% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1925 |
| Zoning | R5, C1-2 - Residential/commercial retail | ||
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 33,820 SF |
| Average Occupancy | 98% |
| No. Stories | 4 |
| Year Built | 1925 |
| Zoning | R5, C1-2 - Residential/commercial retail |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 28 | - | - |
| 2+1 | 9 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 04872-0032 | Improvements Assessment | $568,800 |
| Land Assessment | $157,500 | Total Assessment | $726,300 |
PROPERTY TAXES
Parcel Number
04872-0032
Land Assessment
$157,500
Improvements Assessment
$568,800
Total Assessment
$726,300
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