124 Linden St
Brooklyn, NY 11221
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Eccentric Art Scene, Access to Greenspace, Unique Famed Restaurants & Eateries, Live Music Venues & Nightlife Attractions
- 100% Tax Class Protection (2A)
- Potential for short-term upside in the Free Market units
- Transportation: Access to Manhattan within 30 minutes, conveniently located within 4 blocks of the J, L or M train lines
- Fully leased, cash-flowing assets
- Minimal deferred maintenance
EXECUTIVE SUMMARY
Avison Young has been exclusively retained by the Ownership to facilitate the sale of 124 Linden Street situated in Bushwick, Brooklyn. This building has been meticulously maintained and are currently fully tenanted.
PROPERTY FACTS
| Price Per Unit | $305,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,500 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 03332-0024 | Improvements Assessment | $526,950 |
| Land Assessment | $4,950 | Total Assessment | $531,900 |
ZONING
| Zoning Code | R6, Brooklyn(C2) (Medium density residential zoning district.) |
