626 Vanderbilt Ave - Apartments FOR SALE


Brooklyn, NY 11238- Prospect Heights
$3,150,000 USD
718-475-4300
626 Vanderbilt Ave, Brooklyn, NY for Sale
$3,150,000 USD
Apartments - FOR SALE
1/43
null | 5.2% Cap Rate

626 Vanderbilt Ave
Brooklyn, NY 11238
Prospect Heights


OVERVIEW

626 Vanderbilt Avenue offers investors a fully leased, income-generating mixed-use property in the heart of Brooklyn. The recently renovated building features two residential and one commercial unit, both providing strong rental income with room for growth. Residential rents are expected to rise by 10.76% over the next year, while the prime retail location ensures stable cash flow from commercial tenants with long-term leases.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$1,005 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,050,000

CAP RATE

5.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

R7A

APN/PARCEL ID

01158-0045

ASK ABOUT THIS PROPERTY

Jason FareseMarcus & MillichapMore Info
718-475-4300

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Jason FareseMarcus & MillichapMore Info
718-475-4300

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