This Multifamily Property is no longer advertised on LoopNet.com.
229 Troy Ave
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
Building went through a substantial rehabilitation in 2003 and all units are currently free market status
6 of the 12 units are currently receiving rental assistance via either the Section 8 or CityFHEPS program, providing consistent income
Two blocks to Crown Heights’ major retail corridors including Utica and Kingston Avenue, offering some of the newest restaurants in Crown Heights
Unit mix includes six (6) studios, and six (6) 1-bedroom units
Within three and half blocks to 3, 4 Utica Avenue station
PROPERTY FACTS
No. Units
12
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
C
Lot Size
0.06 AC
Building Size
6,006 SF
Average Occupancy
92%
No. Stories
3
Year Built
1907
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
Studios
6
-
500
1+1
6
-
650
PROPERTY TAXES
Parcel Number
01377-0007
Improvements Assessment
$273,150
Land Assessment
$23,850
Total Assessment
$297,000
ZONING
Zoning Code
R6 / C1-3 (residential/commercial)
