2848 W 15th St - Apartments FOR SALE


Brooklyn, NY 11224- Coney Island
$7,500,000 USD
718-576-3415
2848 W 15th St, Brooklyn, NY for Sale
$7,500,000 USD
Apartments - FOR SALE
1/19
null | 6.83% Cap Rate

2848 W 15th St
Brooklyn, NY 11224
Coney Island


OVERVIEW

Presented by Big Apple Realty Group who has been retained for the sale of 2848 West 15th Street. This property is a Five (5)-story, Twenty (20) residential units and One (1) commercial unit, elevator building, with Ten (10) parking spaces. This property is located on West 15th St, between Neptune and Mermaid avenues in Coney Island. The property benefits from the Affordable Housing Program and the New York 421A Thirty-Five (35)-year tax abatement program. Currently on year six (6) of thirty-five (35). This building consists of Two (2) Studios / Nine (9) One-bedroom apartments / Nine (9) Two-bedroom apartments. One (1) commercial space that has a long-term physical therapy office as a tenant. Minutes away from the beach & boardwalk, and Luna Park (Amusement Park) Lots of Shops, restaurants & salons within a short distance. Nearby parks include Seaside Park, Century Playground and Calvert Vaux Park. The location of this property offers many transportation options, as the Coney Island / Stillwell Ave train station and bus depot are conveniently located only One and a Half blocks away, offering the D, F, N and Q trains. Along with the bus depot offering the B36, B64, B68, B74 and B82 buses. For more information, contact the listing agent.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

20

PRICE/UNIT

$375,000

CAP RATE

6.83%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2019

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,129 SF

ZONING

R6

APN/PARCEL ID

07022-0028

ASK ABOUT THIS PROPERTY

Thomas GambinoBig Apple Realty GroupMore Info
718-576-3415

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Thomas GambinoBig Apple Realty GroupMore Info
718-576-3415

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