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2724 PITKIN AVENUE 2724 Pitkin Ave

11 Unit Apartment Building $3,500,000 ($318,182/Unit) 7.21% Cap Rate Brooklyn, NY 11208

Apartment Buildings New York Brooklyn 2724 Pitkin Ave, Brooklyn, NY 11208

Investment Highlights

  • Fantastic Light & Air: Air shafts on both sides of the building provide significant light and air, allowing for efficient unit layouts.
  • The Euclid Avenue station entrance is just 50 feet from subject property, with A & C trains
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Low Maintenance: Building has been renovated and meticulously maintained, with no need for short-term capital improvements

Executive Summary

Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $3,500,000 Apartment Style Low Rise
Price Per Unit $318,182 Building Class C
Sale Type Investment Lot Size 0.10 AC
Cap Rate 7.21% Building Size 8,151 SF
No. Units 11 No. Stories 3
Property Type Multifamily Year Built 1925
Property Subtype Apartment
Price $3,500,000
Price Per Unit $318,182
Sale Type Investment
Cap Rate 7.21%
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.10 AC
Building Size 8,151 SF
No. Stories 3
Year Built 1925

Links

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Walk Score ®
Very Walkable (87)
Transit Score ®
Rider's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 04233-0019 Improvements Assessment $435,600
Land Assessment $58,050 Total Assessment $493,650

PROPERTY TAXES

Parcel Number
04233-0019
Land Assessment
$58,050
Improvements Assessment
$435,600
Total Assessment
$493,650

zoning

Zoning Code R5
R5
(914) 584-7422

Contacts

  • Listing ID: 33871654

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 2724 Pitkin Ave, Brooklyn, NY 11208

More public record information on 2724 Pitkin Ave, Brooklyn, NY 11208

The Multifamily Property at 2724 Pitkin Ave, Brooklyn, NY 11208 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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2724 PITKIN AVENUE | 2724 Pitkin Ave
(914) 584-7422 x

2724 PITKIN AVENUE | 2724 Pitkin Ave

1/5

DJ Johnston

(914) 584-7422

(914) 584-7422

Bryan Kirk

(313) 402-0917

(313) 402-0917

Jermaine Pugh

(718) 701-5129

(718) 701-5129

Bobby Lawrence

(718) 554-0337

(718) 554-0337

Henry Hill

(718) 874-8539

(718) 874-8539

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