1205 8th Ave - Apartments FOR SALE


Brooklyn, NY 11215- Park Slope
$2,500,000 USD
917-406-4682
1205 8th Ave, Brooklyn, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/4
null | 4.91% Cap Rate

1205 8th Ave
Brooklyn, NY 11215
Park Slope


HIGHLIGHTS

  • Very desirable location
  • Walkout (front and rear) basement
  • Walkout bulkhead

OVERVIEW

Brownstone Real Estate is proud to be the exclusive listing agent for the sellers of 1205 8th Avenue. Here is your opportunity to own a solid rental building in a can’t-be-beat location near Brooklyn’s crown jewel, Prospect Park. With restaurants on almost every corner and the subway, shops, and a movie theater nearby, this block is number one in attractiveness. The approximately 6,611 square feet in this gem are divided into eight five-room apartments on four floors. There’s also a large windowed full basement with front and rear access and a back yard. This is a solid, well-maintained building that demands the attention of anyone looking to complete a 1031 exchange, achieve long-term appreciation, or own to live. It’s an excellent, affordable opportunity for a user to live in Park Slope while owning an income-producing property. Call now to set up an appointment to view this excellent building. (24 hours advance notice required.)

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$378 USD /SF

# OF UNITS

8

PRICE/UNIT

$312,500

CAP RATE

4.91%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,772 SF

ZONING

R6B

APN/PARCEL ID

01099-0007

ASK ABOUT THIS PROPERTY

Vinny DiMartinoBrownstone Real EstateMore Info
917-406-4682

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Vinny DiMartinoBrownstone Real EstateMore Info
917-406-4682

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