$1,100,000 USD
646-802-0548
279 Tompkins Ave
Brooklyn, NY 11216
Bedford-Stuyvesant
HIGHLIGHTS
- Historically Low Basis: Asking price equates to just $157K / Unit and $169/SF.
- Excellent Light and Air: Corner exposure allows for 40+ windows, providing light and air for efficient apartment layouts.
- Six Residential Units: Apartments are fully occupied with rent stabilized tenants.
- One Retail Unit: The corner retail space is occupied by a successful deli/bodega with 7 years remaining on their lease.
- Transportation Accessibility: Myrtle-Willoughby G train and Myrtle Avenue J, M, Z trains are nearby, as are multiple bus lines.
FOR SALE DETAILS
PRICE
$1,100,000 USD
PRICE/SF
$169 USD /SF
# OF UNITS
7
PRICE/UNIT
$157,143
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
279 Tompkins Avenue
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1931
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,742 SF
ZONING
R6
APN/PARCEL ID
01800-0001
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646-802-0548
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646-802-0548
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