Apartment Buildings /NY /Kings County /Brooklyn /1511 DeKalb Ave
Apartment Buildings /NY /Kings County /Brooklyn /1511 DeKalb Ave

1511 DeKalb Ave - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick | 
$1,395,000 USD
914-584-7422
1511 DeKalb Ave, Brooklyn, NY for Sale
$1,395,000 USD
Apartments - FOR SALE
1/5
null | 7% Cap Rate
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1511 DeKalb Ave
Brooklyn, NY 11237
Bushwick

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HIGHLIGHTS

  • Two of the six units are renovated, free market, and under-leased, with estimated 6-10% rent roll upside from those units alone
  • Low basis at just ~$250 per SF and a 7%+ Cap rate.
  • Protected tax class 2A
  • Download linked OM which contains current and projected rent rolls.

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$326 USD /SF

# OF UNITS

6

PRICE/UNIT

$232,500

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R6

APN/PARCEL ID

03236-0046

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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