61 Cambridge Place | 61 Cambridge Pl
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61 Cambridge Place 61 Cambridge Pl
5 Unit Apartment Building $3,000,000 ($600,000/Unit) 1.60% Cap Rate Brooklyn, NY 11238
Investment Highlights
- Lots of character and updates
- Outdoor space
Executive Summary
The New York Family Multifamily team is pleased to offer 61 Cambridge Place, a 5-unit Multifamily Property at Clinton Hill neighborhood for $3,000,000.
Property Facts
| Price | $3,000,000 | Property Subtype | Apartment |
| Price Per Unit | $600,000 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 1.60% | Lot Size | 0.04 AC |
| Sale Conditions | 1031 Exchange | Building Size | 3,675 SF |
| Gross Rent Multiplier | 36 | No. Stories | 3 |
| No. Units | 5 | Year Built | 1930 |
| Property Type | Multifamily |
| Price | $3,000,000 |
| Price Per Unit | $600,000 |
| Sale Type | Investment |
| Cap Rate | 1.60% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 36 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 3,675 SF |
| No. Stories | 3 |
| Year Built | 1930 |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Bay Window
- Tub/Shower
- Basement
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Basketball Court
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+5 | 5 | - | - |
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Walk Score ®
Walker's Paradise (92)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 01965-0004 | Improvements Assessment | $368,730 |
| Land Assessment | $104,850 | Total Assessment | $473,580 |
PROPERTY TAXES
Parcel Number
01965-0004
Land Assessment
$104,850
Improvements Assessment
$368,730
Total Assessment
$473,580
zoning
| Zoning Code | R6B (R6 - Medium density residential district) |
| R6B (R6 - Medium density residential district) |
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Jason Farese -
Power Broker Shaun Riney -
Andrew Bronsteen -
Marcus & Millichap
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61 Cambridge Place | 61 Cambridge Pl
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