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Flatbush 2 Building Portfolio 2 Multifamily Properties Offered at $8,500,000 in Brooklyn, NY
Investment Highlights
- Close proximity to many public schools, restaurants, and parks
- Nearby Ocean Parkway and Prospect Park
Executive Summary
Built in 1992, 485 E 21st St is a 4-story building consisting of 28 residential units. Built in 1931, 2101 Foster Ave is another 4-story building consisting of 22 residential units. Both properties are 0.32 miles to Marlborough & Cortelyou Road Station (B-Q train).
Property Facts
| Price | $8,500,000 | Number of Properties | 2 |
| Price / SF | $164.60 / SF | Individually For Sale | 0 |
| Cap Rate | 6.70% | Total Building Size | 51,640 SF |
| Sale Type | Investment | Total Land Area | 0.44 AC |
| Status | Active |
| Price | $8,500,000 |
| Price / SF | $164.60 / SF |
| Cap Rate | 6.70% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 51,640 SF |
| Total Land Area | 0.44 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2101-2109 Foster Ave, Brooklyn, NY 11210 | Multifamily | 26,640 SF | 1931 | - |
| 485-499 E 21st St, Brooklyn, NY 11226 | Multifamily | 25,000 SF | 1922 | - |
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Flatbush 2 Building Portfolio
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