684 Leonard St
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684 Leonard St
7 Unit Apartment Building $7,600,000 ($1,085,714/Unit) 4.92% Cap Rate Brooklyn, NY 11222
Investment Highlights
- Newly renovated in 2022 with tasteful brick facade, solid wood detailing, verdant outdoor spaces, and sleek, refined interior design.
- Generously proportioned homes featuring soaring architectural windows, open-concept living spaces, and luxurious high-end finishes.
Executive Summary
WELCOME TO 684 LEONARD STREET - Introducing 684 Leonard Street in prime Greenpoint, Brooklyn. This gorgeous new construction (newly renovated in 2022) is impeccably arrayed from the inside out with its tasteful brick facade, solid wood detailing, verdant outdoor spaces, and sleek, refined interior design. Picturesque curved windows juxtapose generous, contemporary balconies – all making for an arresting curb appeal. From the entrance to the rooftop, there is no denying that this property is visually stunning. Boasting 7 total units with 1.5 & 2 BR options, there is truly something for everyone
100% Leased 7 Unit Greenpoint Boutique Luxury Rental Building. Asking $7,600,000.00, 4.92% Cap Rate
100% Leased 7 Unit Greenpoint Boutique Luxury Rental Building. Asking $7,600,000.00, 4.92% Cap Rate
Property Facts
| Price | $7,600,000 | Building Class | C |
| Price Per Unit | $1,085,714 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 2,400 SF |
| Cap Rate | 4.92% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment |
| Price | $7,600,000 |
| Price Per Unit | $1,085,714 |
| Sale Type | Investment |
| Cap Rate | 4.92% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,400 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2022 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 7 | - | 800 |
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 02598-0005 | Improvements Assessment | $466,650 |
| Land Assessment | $112,500 | Total Assessment | $579,150 |
PROPERTY TAXES
Parcel Number
02598-0005
Land Assessment
$112,500
Improvements Assessment
$466,650
Total Assessment
$579,150
zoning
| Zoning Code | R6B (Multi-Family Walk-Up Buildings) |
| R6B (Multi-Family Walk-Up Buildings) |
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684 Leonard St
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