$6,000,000 USD
212-658-0979
1710 Newkirk Ave
Brooklyn, NY 11226
Flatbush-Ditmas Park
HIGHLIGHTS
- Parking garage is currently occupied by a single tenant.
- Newly expired 421a Tax Abatement - all units have proper lease riders, allowing rents to revert to market upon lease renewal.
- The property is located in the Ditmas Park section of Brooklyn, conveniently located near shopping, dining and transportation options.
- Within walking distance to the Newkirk Plaza Station.
FOR SALE DETAILS
PRICE
$6,000,000 USD
PRICE/SF
$349 USD /SF
# OF UNITS
20
PRICE/UNIT
$300,000
CAP RATE
8.66%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
5
YEAR BUILT
2005
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,800 SF
ZONING
R6
APN/PARCEL ID
05217-0004
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212-658-0979
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212-658-0979
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