992 Jefferson Ave | Brooklyn, NY 11221
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- LoopNet Team
992 Jefferson Ave
Brooklyn, NY 11221
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Bravo Gourmet Deli leased until December 2029 and responsible for 15% of RE Taxes of any increases above base year
- Residential Units are currently setup as railroad, 1 & 2 BR apartments
- Opportunity for a condo conversion or a long-term hold
- Corner 4-Story Mixed-Use Building in Brooklyn
- any increases above base year Value Add: Potential to renovate apartments and add additional bedrooms
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 12,456 SF |
| Property Subtype | Apartment | Average Occupancy | 54% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1920 |
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 12,456 SF |
| Average Occupancy | 54% |
| No. Stories | 4 |
| Year Built | 1920 |
| Zoning | R6B - 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 |
|---|---|---|---|
| 1+1 | 4 | $1,048 | 725 |
| 2+1 | 9 | $1,050 | 725 |
PROPERTY TAXES
| Parcel Number | 01488-0039 | Improvements Assessment | $385,650 |
| Land Assessment | $6,300 | Total Assessment | $391,950 |
PROPERTY TAXES
Parcel Number
01488-0039
Land Assessment
$6,300
Improvements Assessment
$385,650
Total Assessment
$391,950
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