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988 Dumont Ave 5,430 SF 100% Leased Retail Building Brooklyn, NY 11208 $1,029,000 ($189.50/SF) 6.27% Cap Rate
INVESTMENT HIGHLIGHTS
- Call or Text Gonzalo at (347) 682-8196 for more information today!
- Corner Lot
EXECUTIVE SUMMARY
Excellent investment opportunity in ENY Brooklyn. This property features 7 units (6 residential and 1commercial). All residential units are rent stabilized and occupied. Apartments #'s 2 through 6 have 2-brms/1-fbath each and Apartment #1 1-brm/1-fbth. The boiler was replaced in 2020. All information is not guaranteed and prospective buyers should verify it independently.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,430 SF
Building Class
C
Year Built
1930
Price
$1,029,000
Price Per SF
$189.50
Cap Rate
6.27%
NOI
$64,500
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.47
Lot Size
0.05 AC
Zoning
R5 - Medium density district with a height limit of 40 feet
Frontage
Walk Score®
Very Walkable (82)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04081-0027 | Improvements Assessment | $243,000 |
| Land Assessment | $5,850 | Total Assessment | $248,850 |
PROPERTY TAXES
Parcel Number
04081-0027
Land Assessment
$5,850
Improvements Assessment
$243,000
Total Assessment
$248,850
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988 Dumont Ave
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