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382 Kosciusko St

5 Unit Apartment Building $1,950,000 ($390,000/Unit) 6.17% Cap Rate Brooklyn, NY 11221

Apartment Buildings New York Brooklyn 382 Kosciusko St, Brooklyn, NY 11221

Investment Highlights

  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
  • Highly Efficient: Manageably sized units attract student and professionals alike, while keeping operating costs low.
  • Available Air Rights: There are roughly 1,150 SF of unused air rights for future expansion, development, or disposition.
  • Transportation Accessibility: Within 6-8 blocks from J, M, Z trains at Myrtle Ave and Kosciuszko Street, as well as G train at Bedford/Nostrand stop.
  • Low Maintenance: Building has been fully renovated and maintained, with no need for short term capital improvements.

Executive Summary

Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $1,950,000 Apartment Style Low Rise
Price Per Unit $390,000 Building Class C
Sale Type Investment Lot Size 0.05 AC
Cap Rate 6.17% Building Size 3,000 SF
No. Units 5 No. Stories 3
Property Type Multifamily Year Built 1931
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,950,000
Price Per Unit $390,000
Sale Type Investment
Cap Rate 6.17%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.05 AC
Building Size 3,000 SF
No. Stories 3
Year Built 1931
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (98)
Bike Score ®
Very Bikeable (83)
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®
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 01605-0011 Improvements Assessment $242,910
Land Assessment $13,050 Total Assessment $255,960

PROPERTY TAXES

Parcel Number
01605-0011
Land Assessment
$13,050
Improvements Assessment
$242,910
Total Assessment
$255,960

zoning

Zoning Code R5, Brooklyn, (C2)
R5, Brooklyn, (C2)
(914) 584-7422

Contacts

  • Listing ID: 33758332

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 382 Kosciusko St, Brooklyn, NY 11221

More public record information on 382 Kosciusko St, Brooklyn, NY 11221

The Multifamily Property at 382 Kosciusko St, Brooklyn, NY 11221 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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382 Kosciusko St
(914) 584-7422 x

382 Kosciusko St

1/5

DJ Johnston

(914) 584-7422

(914) 584-7422

Henry Hill

(718) 874-8539

(718) 874-8539

Bryan Kirk

(313) 402-0917

(313) 402-0917

Jermaine Pugh

(718) 701-5129

(718) 701-5129

Bobby Lawrence

(718) 554-0337

(718) 554-0337

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