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Opportunity Zone
3-STORY FREE MARKET MIXED USE, 8% CAP
BROOKLYN, 4 FREE MARKET APARTMENTS + 1 COMMERCIAL, $265/SF
Listing Contacts
Active
Asking Price: $1,508,000
Address
1508 Pitkin Ave, Brooklyn, NY 11212
Show on MapDate Added
Sep 10, 2023
Days on Market
652 days
Time Since Last Update
62 days
Details
Marketing Description
BROWNSVILLE, BROOKLYN | 4 LARGE FREE MARKET APARTMENTS + 1 COMMERCIAL |LONG TERM COMMERCIAL TENANT | $265/SF | 8% CAP
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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
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
> $120,667.00
$10,055.58/mo
Valuation Metrics
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0
DSCR
8%
Cap Rate
8%
ROI
Property History
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Due Diligence
Listing Contacts
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