197 Nassau Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$3,950,000 USD
347-348-6137
197 Nassau Ave, Brooklyn, NY for Sale
$3,950,000 USD
Apartments - FOR SALE
1/12
null | 6.03% Cap Rate

197 Nassau Ave
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • Heavy daytime foot traffic.
  • High vehicle count.

OVERVIEW

Native Real Estate is pleased to present 197 Nassau Avenue in Greenpoint. With 6 residential units and two store fronts, this building is the perfect opportunity for an end user, investor or exchange opportunity in its clean original condition. Most apartments already have a dishwasher, central air, updated kitchen and bathroom and laundry in unit or in building! Amazing original details well preserved and treated such as original hardwood floors, exposed brick walls etc. Building: 25×58 Lot: 25×100 Unused FAR: 650SF Current cap rate of 6,03%! The building has been maintained and updated over the years. The property is located steps from McGolrick, in between Humboldt and North Henry Street, and surrounded by a number of trendy restaurants, bars, cafes, and shops. More info is available on request. Showings are by appointment only.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$908 USD /SF

# OF UNITS

8

PRICE/UNIT

$493,750

CAP RATE

6.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

R6B

APN/PARCEL ID

02654-0034

ASK ABOUT THIS PROPERTY

Bram LefevereNATIVE REAL ESTATE LLCMore Info
347-348-6137

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Bram LefevereNATIVE REAL ESTATE LLCMore Info
347-348-6137

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