Listed by Marcus & Millichap Brooklyn
$3,400,000
311 Troutman Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,500
Units 8
Cap Rate 6.7%
NOI $227,800
Price per SqFt $523
Year Built 1931
Buildings 1
Stories 4
Zoning R6, Brooklyn
Multifamily | 8 Units | $425,000/unit
Investment highlights
Multifamily Building Spanning 6,500 SF Above Grade | 7 High-End Free-Market Units and 1 RS Unit
Prime Bushwick Location | Jefferson Street L-Train
One Three-Bedroom Unit and Seven Two-Bedroom Units Spanning 600+ SF
Dumb-bell Layout Apartments | Separate Utilities with Split Heating and Cooling
Asking: $3,400,000 | 6.7% In-Place Cap Rate | Tax Class 2B - $13,697 Annual Tax Bill
Listing Contacts
Listed by Marcus & Millichap Brooklyn
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$227,800.00
$18,983.33/mo
Valuation Metrics
0
DSCR
6.7%
Cap Rate
6.7%
ROI
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