197 Troutman St - Apartments FOR SALE


Brooklyn, NY 11206- Bushwick
$1,850,000 USD
914-561-8609
197 Troutman St, Brooklyn, NY for Sale
$1,850,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

197 Troutman St
Brooklyn, NY 11206
Bushwick


HIGHLIGHTS

  • Development Potential: Falling within R6 zoning on a narrow street, the site supports 7,040 buildable SF a of right (ZFA) or 12,480 buildable SF
  • Delivered Vacant: Property will be delivered 100% vacant, offering a blank slate for development.
  • Public Transportation: Just blocks from the M & L train lines at Jefferson Street and Central Avenue stop, with direct access to Williamsburg
  • Premium Location: Maria Hernandez Park and Knickerbocker Avenue corridor are within 2 blocks, providing a vibrant mix of acclaimed restaurants

OVERVIEW

Broker of Record Cory Rosenthal License # 10991237833 (NY) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$247 USD /SF

# OF UNITS

6

PRICE/UNIT

$308,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,125 SF

ZONING

R6

APN/PARCEL ID

03173-0038

ASK ABOUT THIS PROPERTY

Evan KashanianMatthews Real Estate Investment ServicesMore Info
914-561-8609

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

Evan KashanianMatthews Real Estate Investment ServicesMore Info
914-561-8609

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