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97 N 7th St 4 Unit Apartment Building $4,495,000 ($1,123,750/Unit) 3.70% Cap Rate Brooklyn, NY 11249
Executive Summary
The New York Multifamily team is pleased to offer 97 N 7th St, a 4-unit Multifamily Property at Williamsburg neighborhood for $4,495,000.00
Property Facts
| Price | $4,495,000 | Property Subtype | Apartment |
| Price Per Unit | $1,123,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 3.70% | Building Size | 3,385 SF |
| Gross Rent Multiplier | 22.21 | No. Stories | 3 |
| No. Units | 4 | Year Built | 1910 |
| Property Type | Multifamily | ||
| Zoning | R6B - As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. | ||
| Price | $4,495,000 |
| Price Per Unit | $1,123,750 |
| Sale Type | Investment |
| Cap Rate | 3.70% |
| Gross Rent Multiplier | 22.21 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,385 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R6B - As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02318-0036 | Improvements Assessment | $1,066,500 |
| Land Assessment | $110,700 | Total Assessment | $1,177,200 |
Property Taxes
Parcel Number
02318-0036
Land Assessment
$110,700
Improvements Assessment
$1,066,500
Total Assessment
$1,177,200
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