313 Montauk Ave - Apartments FOR SALE


Brooklyn, NY 11208- East New York
$975,000 USD
646-840-8201
313 Montauk Ave, Brooklyn, NY for Sale
$975,000 USD
Apartments - FOR SALE
1/2
null | 8.1% Cap Rate

313 Montauk Ave
Brooklyn, NY 11208
East New York


HIGHLIGHTS

  • Located on a quiet residential block in East New York
  • Traditional brick construction with classic Brooklyn charm
  • Positioned between Blake and Sutter Avenues
  • Easy access to public transit and major thoroughfares
  • Favorable Tax Class 1 designation for long-term ownership
  • Strong potential for future value through upgrades or repositioning

OVERVIEW

Exodus Capital is pleased to offer 313 Montauk Avenue: a 100%, free market, building located between Blake & Sutter Avenue and is 2,120 SF. The building is 20 x 55 and has a lot size of 100. The asset is Tax Class 1 – with annual taxes of $3,367. There is organic upside in the rents with strong program tenant options.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

2

PRICE/UNIT

$487,500

CAP RATE

8.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,300 SF

ZONING

R5

APN/PARCEL ID

04056-0002

ASK ABOUT THIS PROPERTY

Haley HashoExodus CapitalMore Info
646-840-8201

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Haley HashoExodus CapitalMore Info
646-840-8201

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