Listed by Highcap Group
$740,000
SRO/HOTEL – 14 UNITS
Details
Property Type Multifamily
Sub Type Student Housing
Square Footage 2,074
Units 14
Cap Rate 15.00%
Pro-Forma Cap Rate 18.38%
Pro-Forma NOI $136,043
Price per SqFt $357
Class B
Stories 2
Zoning R6
Brighton Beach, Brooklyn
Marketing description
Brighton Beach, Brooklyn | HOTEL / DORMITORY/ SRO | 14 UNITS | 6,480 BSF | Zoning: R6
HOTEL / DORMITORY/ SRO
2 STORY + BASEMENT
SRO Development or Residential Opportunity
14 units, 11 of 14 delivered vacant
6,480 BSF Future Development ($138/BSF)
Zoning : R6
Projected NOI: $136,043 , CAP: 15%
SOLD AS IS
Investment highlights
Brighton Beach, Brooklyn | HOTEL / DORMITORY/ SRO | 14 UNITS | 6,480 BSF | Zoning: R6
HOTEL / DORMITORY/ SRO
2 STORY + BASEMENT
SRO Development or Residential Opportunity
14 units, 11 of 14 delivered vacant
6,480 BSF Future Development ($138/BSF)
Zoning : R6
Projected NOI: $136,043 , CAP: 15%
SOLD AS IS
Listing Contacts
Listed by Highcap Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
