141 Tompkins Ave
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141 Tompkins Ave
4 Unit Apartment Building $1,550,000 ($387,500/Unit) Brooklyn, NY 11206
INVESTMENT HIGHLIGHTS
- PRIME BEDFORD STUYVESANT BRICK BUILDING
- REDEVELOPMENT DEAL ZONED R6A
- UNUSED AIR RIGHTS
EXECUTIVE SUMMARY
PRIME BEDFORD STUYVESANT BRICK BUILDING • REDEVELOPMENT DEAL ZONED R6A• AS IS WITH TENANTS
Mixed-use three-unit building.
The building is currently set up as a six-family, with units in the front and rear of the property
Can potentially be converted to a legal 4-unit property with a store
Potential to have nine units in total using the unused air rights, including two inclusionary housing units and seven free market apartments
Rent roll of 104k, and month-to-month tenants.
Landlord pays for all utilities.
Legal use includes two apartments and a store.
Prime Bed-Stuy location, ideal for commuters
Close proximity to J, M, and Z trains at Myrtle Avenue
Lot size: 1,740 square feet
Lot dimensions: 20.42 x 85 feet
Building dimensions: 20.42 x 40 feet. Total of 2,451 square feet (approx.)
Five one-bedroom units and a studio.
Large backyard.
5.22 actual cap rate.
11.28 potential cap rate.
Delivered "as is" with tenants.
Excellent owner-user opportunity
Mixed-use three-unit building.
The building is currently set up as a six-family, with units in the front and rear of the property
Can potentially be converted to a legal 4-unit property with a store
Potential to have nine units in total using the unused air rights, including two inclusionary housing units and seven free market apartments
Rent roll of 104k, and month-to-month tenants.
Landlord pays for all utilities.
Legal use includes two apartments and a store.
Prime Bed-Stuy location, ideal for commuters
Close proximity to J, M, and Z trains at Myrtle Avenue
Lot size: 1,740 square feet
Lot dimensions: 20.42 x 85 feet
Building dimensions: 20.42 x 40 feet. Total of 2,451 square feet (approx.)
Five one-bedroom units and a studio.
Large backyard.
5.22 actual cap rate.
11.28 potential cap rate.
Delivered "as is" with tenants.
Excellent owner-user opportunity
PROPERTY FACTS
| Price | $1,550,000 | Apartment Style | Low Rise |
| Price Per Unit | $387,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 4 | Building Size | 2,451 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1931 |
| Price | $1,550,000 |
| Price Per Unit | $387,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,451 SF |
| No. Stories | 3 |
| Year Built | 1931 |
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Walk Score®
Walker's Paradise (92)
Transit Score®
Rider's Paradise (99)
Bike Score®
Very Bikeable (86)
ZONING
| Zoning Code | R6A |
| R6A |
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141 Tompkins Ave
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