$ 6,750,000
Building For Sale
Property Type
Active
Status
29
Rooms
6,141/571
ASF/ASM
$ 34,656
Real Estate Taxes
[Per Annum]
Building Details
Rental Property
Ownership
Low-Rise
Building Type
Voice Intercom
Service Level
Walk-up
Access
2100/60
Block/Lot
1930
Year Built
4/10
Floors/Apts
Description
Inquire for setup sheet and interior photos
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Inquire for setup sheet and interior photos
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Listing Courtesy of The Corcoran Group
Features
A/C
Laundry Room
Contact
Charles Mazalatis
License
Licensed As: Charles Mazalatis
President & Licensed Real Estate Broker
Mortgage Calculator
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 110730TH