532 39th St
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532 39th St
6 Unit Apartment Building $1,000,000 ($166,667/Unit) Brooklyn, NY 11232
Investment Highlights
- Heavy Vehicle & Foot Traffic
- Recently renovated lobby & staircase
- A couple blocks away from Costco & Industry City
Executive Summary
Asset CRG Advisors, LLC has been exclusively retained to market 532 39th Street, a fully occupied and cash-flowing three-story building multi-family for sale in the Sunset Park neighborhood of Brooklyn.
The property is situated on a 2,504 SF lot and is comprised of 4,857 SF consisting of 6 railroad residential apartments. The property is located between 5th & 6th Avenue.
The property is well positioned with great access to public transportation and is a couple blocks away from Industry City.
The property is situated on a 2,504 SF lot and is comprised of 4,857 SF consisting of 6 railroad residential apartments. The property is located between 5th & 6th Avenue.
The property is well positioned with great access to public transportation and is a couple blocks away from Industry City.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,000,000 | Building Class | C |
| Price Per Unit | $166,667 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 4,857 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1925/2019 |
| Apartment Style | Low Rise |
| Price | $1,000,000 |
| Price Per Unit | $166,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,857 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2019 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
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Walk Score ®
Walker's Paradise (91)
Transit Score ®
Rider's Paradise (94)
PROPERTY TAXES
| Parcel Number | 00913-0018 | Improvements Assessment | $319,950 |
| Land Assessment | $140,850 | Total Assessment | $460,800 |
PROPERTY TAXES
Parcel Number
00913-0018
Land Assessment
$140,850
Improvements Assessment
$319,950
Total Assessment
$460,800
zoning
| Zoning Code | M1-2, Brooklyn, (C2) |
| M1-2, Brooklyn, (C2) |
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532 39th St
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