Amersfort Garden | 3906 Avenue K
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Amersfort Garden 3906 Avenue K
24 Unit Apartment Building $2,500,000 ($104,167/Unit) 7.84% Cap Rate Brooklyn, NY 11210
Investment Highlights
- All 24 units are rent stabilized and have their own electric + gas meters.
Executive Summary
3906 Avenue K is a 24 unit walk up building in East Flatbush, Brooklyn. The building has a new boiler and windows throughout. There has also been substantial upgrades made to the roof. All 24 units are rent stabilized and have their own electric + gas meters.
Property Facts
| Price | $2,500,000 | Property Subtype | Apartment |
| Price Per Unit | $104,167 | Apartment Style | Mid Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.84% | Lot Size | 0.31 AC |
| Sale Conditions | 1031 Exchange | Building Size | 18,700 SF |
| No. Units | 24 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1926 |
| Price | $2,500,000 |
| Price Per Unit | $104,167 |
| Sale Type | Investment |
| Cap Rate | 7.84% |
| Sale Conditions | 1031 Exchange |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 18,700 SF |
| No. Stories | 4 |
| Year Built | 1926 |
Unit Amenities
- Heating
1 of 1
Walk Score ®
Very Walkable (86)
Transit Score ®
Rider's Paradise (92)
PROPERTY TAXES
| Parcel Number | 07809-0014 | Improvements Assessment | $873,900 |
| Land Assessment | $71,100 | Total Assessment | $945,000 |
PROPERTY TAXES
Parcel Number
07809-0014
Land Assessment
$71,100
Improvements Assessment
$873,900
Total Assessment
$945,000
zoning
| Zoning Code | R5 (Medium Density Apartment House District) |
| R5 (Medium Density Apartment House District) |
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Michael Falchiere -
Oxford Property Group
(212) 300-6412
x136
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Amersfort Garden | 3906 Avenue K
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