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1205 New York Ave
Brooklyn, NY 11203
PRIME LOCATION, NEW 8 UNITS FREE MARKET RENTS · Multifamily Property For Sale · 8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid Rise | Year Built | 2009 |
| Building Class | C | Parking Ratio | 0.3/1,000 SF |
| Lot Size | 0.04 AC |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 6,500 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2009 |
| Parking Ratio | 0.3/1,000 SF |
About 1205 New York Ave , Brooklyn, NY 11203
City Express Realty is pleased to present this remarkable investment opportunity, a condo building, erected in 2011 with a total of 8 residential two bedrooms units, 2 parking spots and 8 storage rooms. 100% occupancy. Each apartment features HVAC system, granite counter tops, Jacuzzi tub. Tax Abatement is in for another 11 years. GAI $162,254.04, total annual expenses $ 21,400.82, NOI $140,853.22, CAP RATE 5.64%. The property is being offered as a single building with free market rent units. This is a perfect choice for a savvy investor to purchase this newly built building in booming area of Central Brooklyn!! Sellers Financing is available with $1,000,000 down The property is located on the North-East corner of New York Ave and Clarendon Road, next to all the public transportation, shopping, schools, places of worship in booming Flatbush
zoning
| Zoning Code | R6 |
| R6 |
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