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576 83rd street 576 83rd St

6 Unit Apartment Building $1,400,000 ($233,333/Unit) 7.71% Cap Rate Brooklyn, NY 11209

Investment Highlights

  • Excellent Investing/User Opportunity

Executive Summary

Excellent Investing/User Opportunity
6 family brick biulding
all 4 room 2 bedroom apartments
hardwood floors throughout
New Boiler
the building is in good condition
Rent Roll - $108k per year
Net Income - $108k per year

Property Facts

Price $1,400,000
Price Per Unit $233,333
Sale Type Investment
Cap Rate 7.71%
Sale Conditions Bulk/Portfolio Sale
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,400 SF
Average Occupancy 100%
No. Stories 3
Year Built 1925

Unit Amenities

  • Kitchen
  • Tub/Shower
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Rider's Paradise (90)
Bike Score ®
Very Bikeable (70)
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®
, 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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06019-0037
Land Assessment
$8,100
Improvements Assessment
$429,300
Total Assessment
$437,400

zoning

Zoning Code R4-1 (Mixed Use)
R4-1 (Mixed Use)
  • Listing ID: 27500102

  • Date on Market: 1/12/2023

  • Last Updated:

  • Address: 576 83rd St, Brooklyn, NY 11209

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