171 Irving Ave - Apartments FOR SALE


Brooklyn, NY 11237- Bushwick
$2,500,000 USD
718-360-2993
171 Irving Ave, Brooklyn, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/15
null | 3.25% Cap Rate

171 Irving Ave
Brooklyn, NY 11237
Bushwick


HIGHLIGHTS

  • Corner Mixed-Use Building on Irving Avenue with 2 Parking Spaces
  • The property offers 5 apartments (including detached 2-story house), 1 retail space, and 2 parking spaces
  • The building is built 25 ft. x 58 ft. plus the rear house which is approximately 17 ft. x 25 ft
  • In total, the property consists of 5,200 SF with great corner exposure on the Irving Avenue retail corridor
  • The property is located within walking distance to the Dekalb L train station

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 171 Irving Avenue. The subject property is on the corner of Irving Avenue & Stockholm Street in the Bushwick section of Brooklyn. The property offers 5 apartments (including detached 2-story house), 1 retail space, and 2 parking spaces. The building is built 25 ft. x 58 ft. plus the rear house which is approximately 17 ft. x 25 ft. In total, the property consists of 5,200 SF with great corner exposure on the Irving Avenue retail corridor. The property is located within walking distance to the Dekalb L train station.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$575 USD /SF

# OF UNITS

6

PRICE/UNIT

$416,667

CAP RATE

3.25%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

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

03259-0008

ASK ABOUT THIS PROPERTY

Steve ReynoldsInvestment Property Realty GroupMore Info
718-360-2993

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Steve ReynoldsInvestment Property Realty GroupMore Info
718-360-2993

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