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1355 E 18th St

88 Unit Apartment Building $14,250,000 ($161,932/Unit) 6.27% Cap Rate Brooklyn, NY 11230

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Executive Summary

The New York Multifamily team is pleased to offer 1355 East 18th Street, a 88-unit Multifamily Property at Midwood neighborhood for $14,250,000.

Property Facts

Price	$14,250,000	Property Subtype	Apartment
Price Per Unit	$161,932	Apartment Style	Mid Rise
Sale Type	Investment	Building Class	C
Cap Rate	6.27%	Lot Size	0.41 AC
Gross Rent Multiplier	7.72	Building Size	103,487 SF
No. Units	88	No. Stories	6
Property Type	Multifamily	Year Built	1961

Price	$14,250,000
Price Per Unit	$161,932
Sale Type	Investment
Cap Rate	6.27%
Gross Rent Multiplier	7.72
No. Units	88
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.41 AC
Building Size	103,487 SF
No. Stories	6
Year Built	1961