This Multifamily Property is no longer advertised on LoopNet.com.
2342 Atlantic Ave
Brooklyn, NY 11233
Multifamily Property For Sale · 24 Units
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PROPERTY FACTS
No. Units | 24 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.09 AC |
Building Size | 16,514 SF |
Average Occupancy | 100% |
No. Stories | 5 |
Year Built/Renovated | 1920/2003 |
UNIT AMENITIES
- Heating
- Kitchen
- Oven
- Range
ABOUT 2342 ATLANTIC AVE , BROOKLYN, NY 11233
• The subject property is exempt from regulation under the Rent Stablization Code due to Substantial Rehabilitation • Elevator property with 24 Free Market Renovated Apartments and 1 Cell Site • 16,495 Square Feet • Proximity to Broadway Junction • 5.88% Cap Rate at Asking, Anticipated 6.25% Cash on Cash Return Day 1 with 75% LTV
PROPERTY TAXES
Parcel Number | 01436-0011 | Improvements Assessment | $1,027,350 |
Land Assessment | $63,000 | Total Assessment | $1,090,350 |
ZONING
Zoning Code | R6,Brooklyn (L9) |
Listing ID: 17697798
Date on Market: 11/12/2019
Last Updated:
Address: 2342 Atlantic Ave, Brooklyn, NY 11233
The Ocean Hill Multifamily Property at 2342 Atlantic Ave, Brooklyn, NY 11233 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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