Listed by Highcap Group
$1,508,000
3-STORY FREE MARKET MIXED USE, 8% CAP
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 5,700
Net Rentable (SqFt) 5,700
Units 5
Cap Rate 8%
NOI $120,667
Occupancy 100%
Price per SqFt $265
Year Built 1930
Stories 3
Lot Size (SqFt) 2,323
Zoning C4-3
BROOKLYN, 4 FREE MARKET APARTMENTS + 1 COMMERCIAL, $265/SF
Marketing description
BROWNSVILLE, BROOKLYN | 4 LARGE FREE MARKET APARTMENTS + 1 COMMERCIAL |LONG TERM COMMERCIAL TENANT | $265/SF | 8% CAP
4 Large Free Market Apartments + 1 Commercial
Building 5,700 SF ($265/SF)
Heating paid by tenant
Well maintained fully occupied building with excellent tenancy
Gross Income: $155,240, Net Income: $120,667
GRM: 9.72 x RR
Investment highlights
BROWNSVILLE, BROOKLYN | 4 LARGE FREE MARKET APARTMENTS + 1 COMMERCIAL |LONG TERM COMMERCIAL TENANT | $265/SF | 8% CAP
4 Large Free Market Apartments + 1 Commercial
Building 5,700 SF ($265/SF)
Heating paid by tenant
Well maintained fully occupied building with excellent tenancy
Gross Income: $155,240, Net Income: $120,667
GRM: 9.72 x RR
Listing Contacts
Listed by Highcap Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,667.00
$10,055.58/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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