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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 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 5,832 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1920 |
| 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
| Parcel Number | 04702-0057 | Improvements Assessment | $266,850 |
| Land Assessment | $5,400 | Total Assessment | $272,250 |
PROPERTY TAXES
ZONING
| Zoning Code | R5 |
| R5 |
