518 Meeker Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
518 Meeker Ave
10 Unit Apartment Building $3,950,000 ($395,000/Unit) Brooklyn, NY 11222
Investment Highlights
- This property is near McCarren Park
Executive Summary
Delivered 90% Vacant. Elevator building will be delivered 90% vacant excluding unit 4A. If rented, rents will reflect the legal rents of 2023 and be subject to yearly RGB increases of 2.75%.
Attractive Basis & Potential Condo Play. The asset is being offered at $408 PSF and is positioned for a condo conversion. Sell out prices in the neighborhood average $1,100 PSF.
Attractive Basis & Potential Condo Play. The asset is being offered at $408 PSF and is positioned for a condo conversion. Sell out prices in the neighborhood average $1,100 PSF.
Property Facts
Price | $3,950,000 | Apartment Style | Mid Rise |
Price Per Unit | $395,000 | Building Class | B |
Sale Type | Investment | Lot Size | 0.07 AC |
Sale Conditions | Redevelopment Project | Building Size | 9,682 SF |
No. Units | 10 | Average Occupancy | 0% |
Property Type | Multifamily | No. Stories | 6 |
Property Subtype | Apartment | Year Built | 2005 |
Price | $3,950,000 |
Price Per Unit | $395,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.07 AC |
Building Size | 9,682 SF |
Average Occupancy | 0% |
No. Stories | 6 |
Year Built | 2005 |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Intercom
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
- Security System
- Storage Space
- Elevator
- Public Transportation
1 of 1
Walk Score ®
Walker's Paradise (96)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Very Bikeable (85)
PROPERTY TAXES
Parcel Number | 02827-0131 | Improvements Assessment | $1,206,450 |
Land Assessment | $40,500 | Total Assessment | $1,246,950 |
PROPERTY TAXES
Parcel Number
02827-0131
Land Assessment
$40,500
Improvements Assessment
$1,206,450
Total Assessment
$1,246,950
zoning
Zoning Code | R6 (R6 - Medium density residential district) |
R6 (R6 - Medium density residential district) |
1 of 62
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
518 Meeker Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.