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34467051
34467052

1062 62nd Street, BROOKLYN, NY 11219 For Sale

VK
NY 10401372466
Exp Realty Bkny
Listed by Exp Realty Bkny
$6,775,000
2 days on market
Updated 2 days ago

1062 62nd Street

Details
Property Type Multifamily, Office (+1)
Sub Type Apartment Building, Executive Office (+1)
Square Footage 12,000
Units 10
Cap Rate 6.01%
NOI $407,200
Occupancy 100%
Tenancy Multi
Lease Type Gross
Class A
Year Built 2023
Buildings 1
Stories 3
Zoning R5B
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner

New 2023 | Construction | 10-Unit Multifamily | 6000 Sf Office | Strong Cash Flow

Marketing description

Newly built in 2023, this 10-unit multifamily property + 6000 sf of offices offers strong cash flow in Dyker Heights, Brooklyn.

It features in place income from the ten residential units and projected income from the lower level of 6000 sf perfect for offices and professional use

Lower Level: One large flexible-use unit generating $10,000 per month ($120,000 annually). This space is ideal for professional offices, medical suites, or other commercial uses and can also be divided into multiple smaller units

1st Floor: Two residential apartments consisting of two 3-bedroom/2-bath units at $3,700 & $3600 per month

2nd Floor: Four 2-bedroom/1-bath units, each renting for $2,600 per month

3rd Floor: Four 2-bedroom/1-bath units, each renting for $2,600 per month

See the attached Rent Roll Breakdown in the OM for full details by floor and unit type

Contact me for any questions and a property Tour

Investment highlights

Brand new 2023 construction – turnkey condition

10 units total: 10 residential + 6000 sf of office in the lower lever. perfect for professional use

Actual income from residential units: $337,200 per year

Projected income from 6000 sf offices in lower level: $120,000 per year

Actual + Projected total gross income: $457,200 per year

Modern finishes including central A/C, hardwood floors, and private balconies

Situated on a 40x100 lot in Dyker Heights

Listing Contacts

VK
NY 10401372466
Exp Realty Bkny
Listed by Exp Realty Bkny

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$407,200.00
$33,933.33/mo

Valuation Metrics

0
DSCR
6.01%
Cap Rate
6.01%
ROI

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Additional Information

Name
VICTOR KRAIEM
License
10401372466
Brokerage
Exp realty
Brokerage Phone
9172925551
Title
Real Estate Sales Person
Brokerage Address
300 Cadman Plaza West
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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