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299 E 54th St
Brooklyn, NY 11203

EPIC!! 8.09% CAP IN BROOKLYN!! · Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,832 SF
Average Occupancy 100%
No. Stories 3
Year Built 1920

About 299 E 54th St , Brooklyn, NY 11203

The subject property is a solid brick building with 6 residential units located in the center of East Flatbush, NY. Its consists of 5 Two Bedroom Apartments and 1 One Bedroom Apartment. The Units are occupied with wonderful tenants who pay their rent promptly each month. Unit 3 is currently vacant, further increasing the income potential. The building is just out of AEP with beautifully renovated units. The property is surrounded by many restaurants, cafes, and shops. Public Transportation is also easily accessible. This building trades at an 8.09% cap rate thereby making it into a a fabulous income producing asset!! WILL NOT LAST!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04702-0057
Land Assessment
$5,400
Improvements Assessment
$266,850
Total Assessment
$272,250

zoning

Zoning Code R5
R5
  • Listing ID: 16654166

  • Date on Market: 7/18/2019

  • Last Updated:

  • Address: 299 E 54th St, Brooklyn, NY 11203

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