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90 Starr St

6 Unit Apartment Building $2,500,000 ($416,667/Unit) 6.15% Cap Rate Brooklyn, NY 11237

Apartment Buildings New York Brooklyn 90 Starr St, Brooklyn, NY 11237

Investment Highlights

  • Well-Located: In the heart of Bushwick, one of NYC’s most dynamic and sought after neighborhoods, steps to Maria Hernandez Park
  • Transportation Accessibility: Close proximity to the Jefferson Street L-train and Central Ave M-train, providing access to Williamsburg and Manhattan
  • Owner-User Opportunity: The building and neighborhood lend well to a hybrid owner/user/investor, living in one or more of the units
  • Neighborhood Amenities: Within blocks of endless restaurants, galleries, and shopping establishments: Robertas Pizza, House of Yes
  • Nearly All Free-Market: Five of the six units are free-market and collecting $3,300/mo. ($57/SF) on average
  • Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years

Executive Summary

Broker of Record
Cory Rosenthal
License No. 10311210106 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Price $2,500,000 Apartment Style Low Rise
Price Per Unit $416,667 Building Class C
Sale Type Investment Lot Size 0.06 AC
Cap Rate 6.15% Building Size 4,350 SF
No. Units 6 No. Stories 3
Property Type Multifamily Year Built 1931
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $2,500,000
Price Per Unit $416,667
Sale Type Investment
Cap Rate 6.15%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,350 SF
No. Stories 3
Year Built 1931
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

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Walk Score ®
Walker's Paradise (98)
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Rider's Paradise (99)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
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What is a Walk Score®
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 03197-0018 Improvements Assessment $653,850
Land Assessment $4,950 Total Assessment $658,800

PROPERTY TAXES

Parcel Number
03197-0018
Land Assessment
$4,950
Improvements Assessment
$653,850
Total Assessment
$658,800

zoning

Zoning Code R6
R6
(914) 584-7422

Contacts

  • Listing ID: 33691609

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 90 Starr St, Brooklyn, NY 11237

More public record information on 90 Starr St, Brooklyn, NY 11237

The Multifamily Property at 90 Starr St, Brooklyn, NY 11237 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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90 Starr St
(914) 584-7422 x

90 Starr St

1/5

DJ Johnston

(914) 584-7422

(914) 584-7422

Henry Hill

(718) 874-8539

(718) 874-8539

Bryan Kirk

(313) 402-0917

(313) 402-0917

Bobby Lawrence

(718) 554-0337

(718) 554-0337

Jermaine Pugh

(718) 701-5129

(718) 701-5129

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