$2,400,000 USD
914-584-7422
756 Greene Ave
Brooklyn, NY 11221
Stuyvesant Heights
HIGHLIGHTS
- Fully Free Market: The property has no history of rent regulation.
- Cashflow + Upside: Currently grossing $157K+ per year, with upside ready to be unlocked as apartments renew or are re-leased at market rate.
- High End Finishes: The entire property is fully renovated with high end finishes, separate utilities, individual heating and cooling (split units), qu
- Owner-User Opportunity: The building, neighborhood, and architecture all lend well to a hybrid owner/user/investor living in one or more of the units
- Proximity to Subway: Located within 4 blocks of the 2, 3, and 5 trains, with access to Downtown Brooklyn and Union Square within 20-30 minutes.
- Protected Tax Class: 2A tax class limits tax increases to no more than 8% a year or 30% over 5 years.
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$693 USD /SF
# OF UNITS
4
PRICE/UNIT
$600,000
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
756 Greene Ave
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
2000
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,925 SF
ZONING
R6B
APN/PARCEL ID
01619-0022
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914-584-7422
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914-584-7422
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