393 Rogers Ave - Apartments FOR SALE


Brooklyn, NY 11225- Prospect Lefferts Gardens
$2,498,000 USD
393 Rogers Ave, Brooklyn, NY for Sale
$2,498,000 USD
Apartments - FOR SALE
1/30
null | 6.58% Cap Rate

393 Rogers Ave
Brooklyn, NY 11225
Prospect Lefferts Gardens


HIGHLIGHTS

  • Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route.
  • Situated near Prospect Park, the Prospect Park Zoo, Brooklyn Public Library, and a mix of local dining and retail options.

OVERVIEW

Turnkey Three-Family Strong Income + End-User Flexibility. 393 Rogers Avenue presents a gut-renovated, turnkey three-family townhouse built approximately 20 x 50' on 20' 90' lot at the crossroads of Crown Heights and Prospect Lefferts Gardens. Delivering an approximate 6.5% cap rate with low taxes, this is a compelling opportunity for investors seeking immediate, stable returns. Equally appealing for an end-user, the property offers the flexibility to occupy the vacant unit while leveraging rental income from the remaining apartments to offset ownership costs from day-1. Each residence is configured as a spacious three-bedroom with at least two full baths. The garden unit features a bonus recreation level with an additional half bath, nearly 8-foot ceilings, and direct access to a private, serene backyard. Ceiling heights reach approximately 11 feet on the parlor level, enhancing light and volume throughout. All units have been thoughtfully finished with a cohesive, modern design, including: -Central air conditioning & heating -Natural oak hardwood flooring -Pella architectural series windows -Black granite countertops and stainless steel appliances -In-unit gas washer/dryer and dishwasher -Video intercom -Recessed lighting -Contemporary, fully renovated bathrooms A shared, finished roof deck offers open views and added outdoor space for residents. Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route, the property is surrounded by neighborhood favorites including Bomberino, Bobbed Bandit, and Lidl. Nearby Prospect Park, the Prospect Park Zoo, and Brooklyn Public Library round out the lifestyle appeal.

FOR SALE DETAILS

PRICE

$2,498,000 USD

PRICE/SF

$833 USD /SF

# OF UNITS

3

PRICE/UNIT

$832,667

CAP RATE

6.58%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,799 SF

ZONING

R5

APN/PARCEL ID

01315-0005

ASK ABOUT THIS PROPERTY

Samuel-Christoph TedjasukmanaThe Corcoran GroupMore Info

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Samuel-Christoph TedjasukmanaThe Corcoran GroupMore Info

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