244 Sumpter St
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244 Sumpter St
6 Unit Apartment Building $1,250,000 ($208,333/Unit) 7.20% Cap Rate Brooklyn, NY 11233
Investment Highlights
- Fully Occupied | Tenants are all current on rents
Executive Summary
Reyes & Elsamad REG has been retained on an exclusive basis to sell 244 Sumpter Street, located in BedStuy Brooklyn. This property offers 6 units that are rent stabilized producing an NOI of $90,000~. We are offering this sale at a stable 7.2% cap rate. All tenants are up to date with their rents and have no arrears. Each unit is a 2 bedroom (railroad) layout with one bathroom. Contact us for a private showing.
Property Facts
| Price | $1,250,000 | Property Subtype | Apartment |
| Price Per Unit | $208,333 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 5,106 SF |
| Cap Rate | 7.20% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10.9 | No. Stories | 3 |
| No. Units | 6 | Year Built | 1909 |
| Property Type | Multifamily |
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Cap Rate | 7.20% |
| Gross Rent Multiplier | 10.9 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.06 AC |
| Building Size | 5,106 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1909 |
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Walk Score ®
Very Walkable (78)
Transit Score ®
Rider's Paradise (100)
zoning
| Zoning Code | R6 |
| R6 |
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244 Sumpter St
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