$9,850,000 USD
914-584-7422
372 Saint Johns Pl
Brooklyn, NY 11238
Prospect Heights
HIGHLIGHTS
- 50’ x 83’ walk-up building with 19 residential units (2X-3BR/2BTH | 9X-3BR/1BTH | 5X-2BR/1BTH | 3X-1BR/1BTH), averaging 700 SF per apartment
- 90% Free Market- 17 units are fully free market, 2 units are rent stabilized (one of which has legal rent of $3,190, roughly in line with market)
- Renovated With High-End Finishes- 18 of the 19 units are fully renovated with high-end appliances and fixtures, and have in-unit laundry
- Ample windows, southern exposure, and large air shafts provide excellent light and air, allowing for bright and efficient apartment layouts
- Transit Oriented Location- The 2 & 3 trains are just two blocks away at Eastern Parkway – Brooklyn Museum stop, with access to Midtown Manhattan
- Close proximity to premier retail, restaurants, and local attractions, including Prospect Park, Grand Army Plaza, Brooklyn Library, Prospect Park Zoo
FOR SALE DETAILS
PRICE
$9,850,000 USD
PRICE/SF
$638 USD /SF
# OF UNITS
19
PRICE/UNIT
$518,421
CAP RATE
6.15%
% 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
1914
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.11 AC
LAND SF
4,917 SF
ZONING
R7A
APN/PARCEL ID
01176-0020
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914-584-7422
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914-584-7422
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