1935 Bergen St - Apartments FOR SALE


Brooklyn, NY 11233- Ocean Hill
$4,480,000 USD
646-752-5604
1935 Bergen St, Brooklyn, NY for Sale
$4,480,000 USD
Apartments - FOR SALE
1/14
null | 8.29% Cap Rate

1935 Bergen St
Brooklyn, NY 11233
Ocean Hill


HIGHLIGHTS

  • 14 Fully renovated, free market apartments

OVERVIEW

High-Cap-Rate 16-Unit Investment Opportunity at 1935 Bergen Street, Brooklyn Excellent opportunity to acquire a high-cap-rate, 16-unit multifamily building in Brooklyn featuring 14 fully renovated, free-market apartments. The renovated units offer modern kitchens and bathrooms, new flooring, exposed brick details, and attractive contemporary finishes. Each apartment has separate utilities, with tenants responsible for their own utility costs, helping reduce operating expenses and support a strong net operating income. With 14 free-market apartments, extensive renovations already completed, limited immediate capital improvement needs, and strong income potential, this property represents an attractive opportunity for investors seeking both immediate cash flow and long-term appreciation in the Brooklyn multifamily market.

FOR SALE DETAILS

PRICE

$4,480,000 USD

PRICE/SF

$280 USD /SF

# OF UNITS

16

PRICE/UNIT

$280,000

CAP RATE

8.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,823 SF

ZONING

R6

APN/PARCEL ID

01446-0046

ASK ABOUT THIS PROPERTY

Eli BraginskyELITE NY HOLDINGSMore Info
646-752-5604

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

Eli BraginskyELITE NY HOLDINGSMore Info
646-752-5604

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