1501 Dekalb Ave
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1501 Dekalb Ave
8 Unit Apartment Building $2,500,000 ($312,500/Unit) 7.30% Cap Rate Brooklyn, NY 11237
Investment Highlights
- Close to the L and M Train
- Walking Distance to Maria Hernandez Park
- Prime Brooklyn Neighborhood
Executive Summary
NOI $183,204.36
BUILDING WENT THROUGH SUB-REHAB
Some units have high end finishes including in-unit Laundry, central air, dishwasher
Prime Intersection at DeKalb / Knickerbocker, 1.5 blocks from L train and close to the M train
BUILDING WENT THROUGH SUB-REHAB
Some units have high end finishes including in-unit Laundry, central air, dishwasher
Prime Intersection at DeKalb / Knickerbocker, 1.5 blocks from L train and close to the M train
Property Facts
| Price | $2,500,000 | Building Class | C |
| Price Per Unit | $312,500 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 5,250 SF |
| Cap Rate | 7.30% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | $2,500,000 |
| Price Per Unit | $312,500 |
| Sale Type | Investment |
| Cap Rate | 7.30% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,250 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Opportunity Zone |
Yes |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Public Transportation
- Walk-Up
- Smoke Detector
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 03236-0049 | Improvements Assessment | $489,600 |
| Land Assessment | $5,850 | Total Assessment | $495,450 |
PROPERTY TAXES
Parcel Number
03236-0049
Land Assessment
$5,850
Improvements Assessment
$489,600
Total Assessment
$495,450
zoning
| Zoning Code | R6 |
| R6 |
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1501 Dekalb Ave
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