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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29127659

157 Rockaway Parkway, Brooklyn NY, NY 11212

DN
10311201336 NY
ZUZ REALTY
Listed by ZUZ REALTY
$700,000
151 days on market
Updated 69 days ago
Opportunity zone

SS Rockaway

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 6,123
Units 6
Cap Rate 8.57%
NOI $60,000
Occupancy 100%
Class C
Year Built 1930
Buildings 1
Stories 3
Lot Size (SqFt) 2,400
Investment Type Stabilized

6-Family Brooklyn Walk-Up | 3 Stories | 6,123 SF | 24’ Wide Lot

Marketing description

Offered for sale is a 6-unit multifamily located in Brooklyn 11212 (Brownsville), Rockaway Pkwy corridor. The property is a 3-story walk-up totaling ±6,123 SF situated on a ±2,400 SF lot (24’ x 100’) with a 24’ x 80’ building footprint.

This asset provides attractive scale for a Brooklyn multifamily investor and a straightforward physical profile for capital planning. Ideal for buyers pursuing long-term ownership, operational improvements, and/or a value-add strategy, subject to buyer’s due diligence and applicable regulations.

Seller representation (to be confirmed in contract): seller will clear any monetary violations/charges/liens required for transfer at closing through customary title/closing procedures.

Due diligence package available via link

https://drive.google.com/file/d/1vPdoF3xACRWsctF18WJqqIQOor5RoTg2/view?usp=drive_link

Investment highlights

  1. 6-family multifamily asset in Brooklyn 11212 (Brownsville)

  2. ±6,123 SF | 3 stories

  3. Lot: 24’ x 100’ (±2,400 SF)

  4. Building footprint: 24’ x 80’

  5. Asking: $899,000 (~$149,833/unit | ~$146.85/SF)

  6. Seller to clear monetary violations/charges at closing (confirm in contract)

Listing Contacts

DN
10311201336 NY
ZUZ REALTY
Listed by ZUZ REALTY

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Loan Amount
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$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
8.57%
Cap Rate
8.57%
ROI

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