191 Calyer St
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191 Calyer St
6 Unit Apartment Building $2,150,000 ($358,333/Unit) Brooklyn, NY 11222
INVESTMENT HIGHLIGHTS
- High vacancy for potential redevelopment (up to 7500 SF buildable)
- Subway access at Greenpoint Avenue
- Close proximity to Brooklyn's best retail, restaurants, and nightlife
- Family oriented neighborhood
EXECUTIVE SUMMARY
Cushman & Wakefield is pleased to present to market 191 Calyer Street in Greenpoint, Brooklyn. The 4,125 square foot, six-unit property is located just off the corner of Greenpoint’s busiest retail corridor, Manhattan Avenue home to some of the neighborhood’s best retail, restaurants, nightlife and grocers.
The offering will be delivered with three of the six units vacant at close. Additionally, there is ~750 square feet in the basement that can be converted to rentable square footage, with egress in the front and back of the property.
191 Calyer gives investors the opportunity for steady cash-flow after lease-up, as well as end-users a path to town-home conversion.
Please direct all inquiries to Cushman & Wakefield.
The offering will be delivered with three of the six units vacant at close. Additionally, there is ~750 square feet in the basement that can be converted to rentable square footage, with egress in the front and back of the property.
191 Calyer gives investors the opportunity for steady cash-flow after lease-up, as well as end-users a path to town-home conversion.
Please direct all inquiries to Cushman & Wakefield.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $2,150,000 | Apartment Style | Low Rise |
| Price Per Unit | $358,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Conditions | High Vacancy Property | Building Size | 5,250 SF |
| No. Units | 6 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Price | $2,150,000 |
| Price Per Unit | $358,333 |
| Sale Type | Investment |
| Sale Conditions | High Vacancy Property |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,250 SF |
| Average Occupancy | 50% |
| No. Stories | 3 |
| Year Built | 1930 |
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | 744 |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 02574-0034 | Improvements Assessment | $1,055,250 |
| Land Assessment | $5,850 | Total Assessment | $1,061,100 |
PROPERTY TAXES
Parcel Number
02574-0034
Land Assessment
$5,850
Improvements Assessment
$1,055,250
Total Assessment
$1,061,100
ZONING
| Zoning Code | C4-3A (7500 total buildable SF.) |
| C4-3A (7500 total buildable SF.) |
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191 Calyer St
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