191 Calyer St
6 Unit Apartment Building $2,150,000 ($358,333/Unit) Brooklyn, NY 11222
![191 Calyer St, Brooklyn, NY for sale - Primary Photo - Image 1 of 9](https://images1.loopnet.com/i2/U8NwmZ1o-gbe5wxQ4Co8izIXOfOlVDwQSEPcciSKHL4/110/191-Calyer-St-Brooklyn-NY-Primary-Photo-1-Large.jpg)
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INVESTMENT HIGHLIGHTS
- High vacancy for potential redevelopment (up to 7500 SF buildable)
- Subway access at Greenpoint Avenue
- Close proximity to Brooklyn's best retail, restaurants, and nightlife
- Family oriented neighborhood
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present to market 191 Calyer Street in Greenpoint, Brooklyn. The 4,125 square foot, six-unit property is located just off the corner of Greenpoint’s busiest retail corridor, Manhattan Avenue home to some of the neighborhood’s best retail, restaurants, nightlife and grocers.
The offering will be delivered with three of the six units vacant at close. Additionally, there is ~750 square feet in the basement that can be converted to rentable square footage, with egress in the front and back of the property.
191 Calyer gives investors the opportunity for steady cash-flow after lease-up, as well as end-users a path to town-home conversion.
Please direct all inquiries to Cushman & Wakefield.
The offering will be delivered with three of the six units vacant at close. Additionally, there is ~750 square feet in the basement that can be converted to rentable square footage, with egress in the front and back of the property.
191 Calyer gives investors the opportunity for steady cash-flow after lease-up, as well as end-users a path to town-home conversion.
Please direct all inquiries to Cushman & Wakefield.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Price | $2,150,000 |
Price Per Unit | $358,333 |
Sale Type | Investment |
Sale Conditions | High Vacancy Property |
No. Units | 6 |
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 | 50% |
No. Stories | 3 |
Year Built | 1930 |
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 6 | - | 744 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
Parcel Number | 02574-0034 | Improvements Assessment | $1,055,250 |
Land Assessment | $5,850 | Total Assessment | $1,061,100 |
ZONING
Zoning Code | C4-3A (7500 total buildable SF.) |