538 Bainbridge St
Brooklyn, NY 11233
Ocean Hill
HIGHLIGHTS
- Cash flowing: Great investment for someone looking to park capital in a cash flowing asset with long-term upside in neighborhood appreciation and loca
- Building Structure: Dimensions of 25.5’ x 73’ with air shafts provide spacious and bright layouts.
- Tax Class Protected: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
- Premier Location: located on Idyllic Street, two blocks from Broadway.
- Excellent Transportation Access: Conveniently located two blocks from the J, Z Train, allowing for quick and easy transport to Williamsburg and NYC.
FOR SALE DETAILS
PRICE
$1,500,000 USD
PRICE/SF
$269 USD /SF
# OF UNITS
6
PRICE/UNIT
$250,000
CAP RATE
7.23%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1907
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,550 SF
ZONING
R6
APN/PARCEL ID
01510-0027
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914-561-8609
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