Listed by Safdie Realty Group
$1,500,000
289A Monroe Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,900
Units 6
Cap Rate 6.43%
NOI $96,404
Occupancy 83%
Pro-Forma Cap Rate 8.3%
Pro-Forma NOI $124,521
Price per SqFt $385
Year Built 1931
Buildings 1
Stories 3
Lot Size (SqFt) 2,000
Zoning R6B
Investment Type Value Add
Bed-Stuy | 6 Units | Value Add
Marketing description
Safdie Realty Group has been exclusively retained to sell 298a Monroe Street. The subject property is located between Marcy Avenue & Tompkins Avenue in Bedford-Stuyvesant, Brooklyn. The property offers six apartments each consisting of 2 bedroom 1 bathroom layouts. The property is built 20 ft x 65 ft, offering approximately 3,900 square feet. 298a Monroe Street sits on a 20 ft x 100 ft lot. The property is located within walking distance to the A & C subway lines.
Listing Contacts
Listed by Safdie Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,404.00
$8,033.67/mo
Valuation Metrics
0
DSCR
6.43%
Cap Rate
6.43%
ROI
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