101 Greenpoint Ave 8 Unit Apartment Building $7,150,000 ($893,750/Unit) 5.39% Cap Rate Brooklyn, NY 11222












EXECUTIVE SUMMARY
Prime Greenpoint, between Franklin and Manhattan
Luxurious Renovations- Condo Style Finishes
Full Gut Rehab
7/8 units are FM
Tax Class Protected
Half Block from G Train
Fully Electric, Split Systems, In Unit Washer and Dryer
Luxurious Renovations- Condo Style Finishes
Full Gut Rehab
7/8 units are FM
Tax Class Protected
Half Block from G Train
Fully Electric, Split Systems, In Unit Washer and Dryer
PROPERTY FACTS
Price | $7,150,000 |
Price Per Unit | $893,750 |
Sale Type | Investment |
Cap Rate | 5.39% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid-Rise |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 6,500 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built | 1928 |
UNIT AMENITIES
- Tub/Shower
1 of 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $2,922,300 | |
Land Assessment | $15,300 | Total Assessment | $2,937,600 |
ZONING
Zoning Code | R6 (a medium-density residential zoning district for townhouses and small apartment buildings.) |