197 Humboldt St - Apartments FOR SALE


Brooklyn, NY 11206- Williamsburg
$4,400,000 USD
718-360-1942
197 Humboldt St, Brooklyn, NY for Sale
$4,400,000 USD
Apartments - FOR SALE
1/11
null | 6.1% Cap Rate

197 Humboldt St
Brooklyn, NY 11206
Williamsburg


HIGHLIGHTS

  • Free Market 4 Family Turnkey

OVERVIEW

Investment Property Realty Group (IPRG) has been exclusively retained to sell 197 Humboldt Street. The subject property is situated in a prime location, just steps from the Montrose Avenue L subway station. Public transportation is easily accessible, including nearby Citibike stations and multiple bus routes. The neighborhood is vibrant, offering a variety of dining, shopping, and entertainment options. The property currently features a brick, four story building offering 4 apartments all of which are newly renovated. The building is built 25 ft x 45 ft, offering approximately 4,942 square feet. 197 Humboldt Street sits on a 25 ft x 83.33 ft lot. 197 Humboldt Street offers prospective investors the opportunity to purchase a building in the rapidly growing East Williamsburg neighborhood with significant upside in rents and future increases in property market values.

FOR SALE DETAILS

PRICE

$4,400,000 USD

PRICE/SF

$890 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,100,000

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R6

APN/PARCEL ID

03044-0024

ASK ABOUT THIS PROPERTY

Corey HaynesInvestment Property Realty GroupMore Info
718-360-1942

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Corey HaynesInvestment Property Realty GroupMore Info
718-360-1942

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