Listed by Zelnik & Company LLC
$4,950,000
114 Clay Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,067
Units 6
Cap Rate 5.30%
NOI $263,140
Year Built 2010
Stories 4
Lot Size (SqFt) 2,500
Zoning R6B ; D1
Multifamily | 5.30% CAP | 6 Units
Marketing description
Zelnik & Company is pleased to offer an exclusive residential multifamily listing located in Greenpoint, Brooklyn. 114 Clay Street is a modern, four-story, 6-unit multifamily building located in the vibrant Greenpoint neighborhood of Brooklyn, New York. Constructed in 2010, this building offers a contemporary living experience with its sleek design and convenient amenities including elevator, central air, and laundry room. Investors have the opportunity to benefit from a stable growing rental market where prices for these units have historically increased from $2,000 to now over $5,000 per month! All units are free market and delivered vacant offering maximum flexibility in planning. Exceptional Multifamily Building Opportunity!
Listing Contacts
Listed by Zelnik & Company LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$263,140.00
$21,928.33/mo
Valuation Metrics
0
DSCR
5.32%
Cap Rate
5.32%
ROI
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