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9-Unit Multi-Family | Bay Ridge 334 93rd St

9 Unit Apartment Building $4,195,000 ($466,111/Unit) 6.41% Cap Rate Brooklyn, NY 11209

Executive Summary

Total Apartments: 9

Free Market: 7

Rent Stabilized: 2

Parking: 9

RE Taxes (2024): $20,860.60

Gross Annual Income: $320,491.20

NET Operating Income: $268,969.13

Asking Price: $4,195,000
Updated DHCR paperwork, documentation and leases in place

Property Facts

Price $4,195,000
Price Per Unit $466,111
Sale Type Investment
Cap Rate 6.41%
Gross Rent Multiplier 13.75
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.16 AC
Building Size 11,400 SF
Average Occupancy 100%
No. Stories 3
Year Built 2001
Parking Ratio 0.79/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Washer/Dryer Hookup
  • Hardwood Floors
  • Sprinkler System
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (80)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06107-0017
Land Assessment
$29,700
Improvements Assessment
$677,250
Total Assessment
$706,950

zoning

Zoning Code R4-1/BR
R4-1/BR
  • Listing ID: 31662745

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 334 93rd St, Brooklyn, NY 11209

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