301 23rd Street
Immediate Income w/ Strong Rent Roll
Marketing description
Property available for 1031 Exchange or End User.
As a owner occupied purchase the first floor unit is configured as a duplex, move in ready with additional access to entire lower level.
As a 1031 the property will have one vacant unit in this otherwise fully-rented property. Six units total in well-maintained building, each unit has a renovated kitchen and bathroom. Building carries low annual taxes and expenses, yet provides a strong NOI. All units are RS, but at competitive rental prices for the neighborhood. The full floor cellar has updated mechanicals and gas boiler.
With the existing separate entrance, the LL could be configured for whole building use to access laundry. Contact for RR and building expenses. DHCR's available upon request. Access for showing roof, mechanicals and units by appointment.
Investment highlights
Prime Location / Immediate Income with Strong Rent Roll
Contact for full Set Up with Income and Expenses.
Block & Lot – 00900-0067
Lot Dimensions – 26.17 ft x 100.17 ft
Lot Sq Ft – 2,621
Residential Sq Ft – 3,900
Average Residential Unit Size – approx. 650 sq ft
Building Class – Five to Six Families (C2)
Residential Sq Ft – 3,900
Building Dimensions – 26 ft x 50 ft
Buildings on Lot – 1
Stories – 3
Roof Height – 36 ft
Proximity – Semi-attached
Building Material – C block + brick Grade C
Structure Type – Walk-up apartments
Zoning Districts – R6B
Residential FAR – 2
Facility FAR – 2
Current FAR – 1.49
Max Buildable Area – 5,242 sq ft
Current Built Area – 3,905 sq ft
Buildable Area – 1,337 sq ft
Property Information
Neighborhood – Brooklyn, Greenwood Heights
Near Historic – Greenwood Cemetery
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