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127 Schaefer St

6 Unit Apartment Building $1,850,000 ($308,333/Unit) Brooklyn, NY 11207

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Executive Summary

THIS IS A PROJECT STALLED CONSTRUCTION THAT IS BEING SOLD AS IS
6 UNIT CONVERSION FROM 2 FAMILY WITH BUILDING TOPPED OFF AND ABOUT HALF OF INTERIOR ALREADY COMPLETE

OM 127 Schaefer Street

Property Facts Under Contract

Price	$1,850,000	Apartment Style	Low Rise
Price Per Unit	$308,333	Building Class	C
Sale Type	Investment	Lot Size	0.05 AC
Sale Conditions	Distress Sale 1031 Exchange High Vacancy Property Redevelopment Project	Building Size	3,210 SF
No. Units	6	No. Stories	4
Property Type	Multifamily	Year Built/Renovated	1920/2019
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,850,000
Price Per Unit	$308,333
Sale Type	Investment
Sale Conditions	Distress Sale 1031 Exchange High Vacancy Property Redevelopment Project
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.05 AC
Building Size	3,210 SF
No. Stories	4
Year Built/Renovated	1920/2019
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Air Conditioning

Tile Floors

Stainless Steel Appliances

Site Amenities

Laundry Facilities

Roof Terrace

Public Transportation

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
Studios	2	-	-
1+1	2	-	-
3+2	2	-	-

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Walk Score®

Very Walkable (80)

Transit Score®

Rider's Paradise (100)

Bike Score®

Very Bikeable (71)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	03422-0055	Improvements Assessment	$259,650
Land Assessment	$68,400	Total Assessment	$328,050

PROPERTY TAXES

Parcel Number

03422-0055

Land Assessment

$68,400

Improvements Assessment

$259,650

Total Assessment

$328,050

zoning

Zoning Code	R6 (R6)
R6 (R6)

Listing ID: 27670409
Date on Market: 2/3/2023
Last Updated:
Address: 127 Schaefer St, Brooklyn, NY 11207

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127 Schaefer St, Brooklyn, NY for sale Building Photo- Image 1 of 2 — IMG-5183

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