2278 Strauss St - Apartments FOR SALE


Brooklyn, NY 11212- Brownsville
$1,400,000 USD
646-363-6175
2278 Strauss St, Brooklyn, NY for Sale
$1,400,000 USD
Apartments - FOR SALE
1/13
null | 7.59% Cap Rate

2278 Strauss St
Brooklyn, NY 11212
Brownsville


HIGHLIGHTS

  • Fully renovated two-story multifamily building consisting of four residential units, located in the Brownsville neighborhood of Brooklyn.
  • Originally built in 1930 and fully renovated in 2022, the property is built 2,920 square feet with an additional 2,470 buildable square feet.
  • The four residential units consist of three 3-bedrooms and one 2- bedroom.
  • Conveniently located near Sutter Avenue–Rutland Road Station and Rockaway Avenue Station on the 3 subway line.

OVERVIEW

Asset CRG Advisors, LLC, has been exclusively retained to market 2278 Strauss Street, a fully renovated two-story multifamily building consisting of four residential units, located in the Brownsville neighborhood of Brooklyn. Originally built in 1930 and fully renovated in 2022, the property is built with 2,920 square feet with an additional 2,470 buildable square feet, offering a stable multifamily footprint with potential for long-term income and value enhancement. The four residential units consist of three 3-bedrooms and one 2-bedroom. The property benefits from convenient transit access near the Sutter Avenue– Rutland Road Station and Rockaway Avenue Station, providing service via the 3 subway line. Proximity to local retail corridors, community facilities, and public transportation enhances the asset’s appeal for tenants and investors alike, making it a compelling opportunity in an evolving Brooklyn market.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$479 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

7.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Renovated 2-Story Multifamily Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

03608-0043

ASK ABOUT THIS PROPERTY

Sadya LiberowAsset CRG Advisors LLCMore Info
646-363-6175

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Sadya LiberowAsset CRG Advisors LLCMore Info
646-363-6175

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