10 Brooklyn Pl - Apartments FOR SALE


San Francisco, CA 94108- Chinatown
$3,095,000 USD
415-670-9888
10 Brooklyn Pl, San Francisco, CA for Sale
$3,095,000 USD
Apartments - FOR SALE
1/5
null | 6.5% Cap Rate

10 Brooklyn Pl
San Francisco, CA 94108
Chinatown


HIGHLIGHTS

  • Offered at $3,095,000 | 6.50% cap rate | 9.75 GRM
  • Fully occupied 9-unit property with five 1BR/1BA apartments, two 2BR/1BA apartments, one studio and one 4BR/2BA residence.
  • Approximately 22% Rent Roll upside at market and an 8.42% pro forma cap rate.
  • New sewer lateral, modified-bitumen roof replaced in 2025, 400-amp electrical service, coin-operated laundry and an established RUBS program.
  • Compelling basis of approximately $343,889 per unit in a highly walkable, transit-rich Nob Hill/Chinatown location. 100 Walk Score, 100 Transit Score.

OVERVIEW

10 Brooklyn Place is a fully occupied nine-unit apartment building situated on a quiet residential lane at the intersection of Nob Hill and Chinatown. The 4,740 square-foot, four-story property contains five 1BR/1BA apartments, two 2BR/1BA apartments, one studio and a renovated two-level 4BR/2BA residence leased for $9,000 per month. Offered at $3,095,000, the property provides immediate income and an attractive current return, with net operating income of $201,164, a 6.50% cap rate and a 9.75 GRM. The offering also represents a compelling entry basis of approximately $343,889 per unit and $653 per square foot. Built in 1928 of concrete construction on a concrete foundation, the professionally managed building features 400-amp electrical service, a new sewer lateral, a modified-bitumen roof replaced in 2025, shared coin-operated laundry and an established RUBS program. Current apartment rents total $24,723 per month, with approximately 22% upside at market and an 8.42% pro forma cap rate. Near Grant Avenue, Union Square, the Financial District and North Beach, 10 Brooklyn Place offers investors a rare combination of current yield, income growth and a compelling per-unit basis in one of San Francisco's most walkable and transit-connected locations.

FOR SALE DETAILS

PRICE

$3,095,000 USD

PRICE/SF

$653 USD /SF

# OF UNITS

9

PRICE/UNIT

$343,889

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,725 SF

ZONING

CRNC

APN/PARCEL ID

0242-023

ASK ABOUT THIS PROPERTY

Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.