97 Newell St - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$2,800,000 USD
212-658-0979
97 Newell St, Brooklyn, NY for Sale
$2,800,000 USD
Apartments - FOR SALE
1/10
null | 6.57% Cap Rate

97 Newell St
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • Great access to public transportation

OVERVIEW

DETAILS & HIGHLIGHTS • 3-Story / 6-Unit Multifamily Building • 3 Gut-Renovated Units with Split-System HVAC • Protected Tax Class 2A • 50% Tenant-Paid Utilities (3/6 Units) • Value-add potential due to preferential rents • Prime Greenpoint Location near dining, transportation, entertainment, and nearby parks including McCarren Park and Transmitter Park, with convenient access to major roadways such as the BQE • Within walking distance to the Nassau Station ( train)

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$884 USD /SF

# OF UNITS

6

PRICE/UNIT

$466,667

CAP RATE

6.57%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6B

APN/PARCEL ID

02650-0017

ASK ABOUT THIS PROPERTY

Lev MavashevAlpha RealtyMore Info
212-658-0979

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Lev MavashevAlpha RealtyMore Info
212-658-0979

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