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355 New Lots Ave
Brooklyn, NY 11207
Multifamily Property For Sale · 5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.04 AC |
| Property Type | Multifamily | Building Size | 4,055 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1930 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,055 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1930 |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Basement
About 355 New Lots Ave , Brooklyn, NY 11207
Coldwell Banker Reliable Commercial Division is pleased to offer 355 New Lots Avenue, located in the East New York section of Brooklyn for sale. This 5 unit, 4,283 square foot, mixed-use property also features a laundromat business on the lower level. The 1st floor includes an owner-occupied laundromat with 2,028 square feet of retail space while the 2nd and 3rd floors feature 4-one bedroom apartments with a combined 2,255 square feet of residential space. Financial projections: $423,240 in gross revenue, $285,406 in expenses, a net income of $137,834 and a 6.77% cap rate.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,300 | - |
PROPERTY TAXES
| Parcel Number | 03839-0053 | Improvements Assessment | $162,450 |
| Land Assessment | $3,600 | Total Assessment | $166,050 |
PROPERTY TAXES
zoning
| Zoning Code | R6/ C1-3 (R6/C1-3) |
| R6/ C1-3 (R6/C1-3) |
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