$2,100,000 USD
914-584-7422
1253 Pacific St
Brooklyn, NY 11216
Crown Heights
HIGHLIGHTS
- Fully Free Market: The property has no history of rent regulation
- Owner User Opportunity: Finishes, garden access, neighborhood, and transit-oriented location make this an ideal candidate
- Value-Add / Investment Opportunity: The property is in good condition, though renovations would result in improved rent roll
- Transportation Accessibility: The A, C, & S subway lines and the Long Island Railroad (Nostrand Ave stop) are within 3-5 blocks away
- Protected Tax Class: Tax class 2A limits RE tax increases to no more than 8% a year or 30% over 5 years
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$557 USD /SF
# OF UNITS
4
PRICE/UNIT
$525,000
CAP RATE
4.93%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1900
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.05 AC
LAND SF
2,000 SF
ZONING
R6A
APN/PARCEL ID
01200-0064
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
914-584-7422
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
914-584-7422
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
