ZUZ REALTY
Listed by ZUZ REALTY
$2,600,000
N F * Unts + Commercial
Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 6,000
Units 9
Cap Rate 8.85%
NOI $230,000
Occupancy 100%
Class A
Year Renovated 2016
Mixed Residential & Commercial Buildings
Marketing description
● Investment Opportunity
● Property Details:
● Location: Nostrand Avenue, Flatbush
● Units: 8 Residential + 1 Commercial Storefront
● Condition: Brand New Construction
● Occupancy: Fully Occupied
● Utilities: Separate Utilities for Each Unit
● Tax Benefits: 9 Years Remaining on Tax
Abatement
● Taxes: $1,274/year
● Financial Highlights:
● Asking Price: $4,000,000
● Capitalization Rate (CAP): 6%
● Net Operating Income (NOI): $230,000
● Investment Features:
● Stable Cash Flow: Reliable rental income stream
● Tax Advantages: 9-year tax abatement
● Brand New Construction: Minimal maintenance
● Fully Occupied: 100% occupancy
● Contact Information:
● Zuz Realty
● Phone: (917) 873-8411
● Email: zuzrealty@zuzrealty.com
Listing Contacts
ZUZ REALTY
Listed by ZUZ REALTY
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$230,000.00
$19,166.67/mo
Valuation Metrics
0
DSCR
8.85%
Cap Rate
8.85%
ROI
Map
Zoning
R7A ResidentialMulti FamilyGeneral Residence
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View all 99 uses
View all 99 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
Tax History
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