328 Madison St
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328 Madison St
8 Unit Apartment Building $1,750,000 ($218,750/Unit) 6.30% Cap Rate Brooklyn, NY 11216
Executive Summary
The New York Multifamily team is pleased to offer 328 Madison St, a 8-unit Multifamily Property at Bedford-Stuyvesant for $1,750,000.
Property Facts
| Price | $1,750,000 | Property Subtype | Apartment |
| Price Per Unit | $218,750 | Apartment Style | Mid Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.30% | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 10.2 | Building Size | 7,580 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1900 |
| Price | $1,750,000 |
| Price Per Unit | $218,750 |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| Gross Rent Multiplier | 10.2 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 7,580 SF |
| No. Stories | 4 |
| Year Built | 1900 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 01824-0029 | Improvements Assessment | $678,600 |
| Land Assessment | $129,600 | Total Assessment | $808,200 |
PROPERTY TAXES
Parcel Number
01824-0029
Land Assessment
$129,600
Improvements Assessment
$678,600
Total Assessment
$808,200
zoning
| Zoning Code | R68 |
| R68 |
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Daniel Greenblatt -
Power Broker Shaun Riney -
Marcus & Millichap
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328 Madison St
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