Listed by IPRG Investment Property Realty Group
$3,000,000
137 21st St
Details
APN 00639-0058
Property Type Multifamily
Square Footage 4,560
Cap Rate 7.03%
NOI $210,980
Occupancy 100%
Price per SqFt $658
Lot Size (SqFt) 2,500
Zoning M1-2D
Investment Type Core
Gut Renovated 5 Unit in Greenwood Heights
Marketing description
Investment Property Realty Group (IPRG) has been exclusively retained to sell 137 21st Street. The five unit apartment building is located in Greenwood Heights, Brooklyn. 58 The entire property has been fully renovated, and all units are free market. It is built 4,560 square feet. It’s dimensions are 21 ft by 45 ft and the lot is 25 ft x 100 ft lot. The property benefits from the highly sought after 2A protected class, with very low annual taxes under $10K. The property is located within walking distance to the D, N & R train.
Investment highlights
Fully renovated 5-unit apartment building in Greenwood Heights, Brooklyn.
100% free market
Highly sought after 2A protected class, with annual taxes under $10K.
Turnkey and cash flowing asset
Listing Contacts
Listed by IPRG Investment Property Realty Group
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$210,980.00
$17,581.67/mo
Valuation Metrics
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DSCR
7.03%
Cap Rate
7.03%
ROI
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