225, 227 & 229 23rd Street, Greenwood Heights, Brooklyn | Multi-Family | $5,650,000

Home/Investment Sales/Exclusive Investment Sales/225, 227 & 229 23rd Street, Greenwood Heights, Brooklyn | Multi-Family | $5,650,000

225, 227 & 229 23rd Street, Greenwood Heights, Brooklyn | Multi-Family | $5,650,000

$5,650,000.00

Offering Memorandum

Details

  • Three building multi-family package in the Greenwood Heights neighborhood of Brooklyn.
  • Package consists of three 4-story & eight-unit buildings, totaling 24 apartments.
  • Properties are built 16,464 square feet in total.
  • The property is located near 25th Street [D,N,R,W] Train Station.
  • The property is also located near Prospect Avenue [D,N,R,W] Train Station.
  • Combined Lot Size: 7,500 SF (75′ x 100′)
  • Combined Building Size: 16,464 SF (75′ x 60′)
  • Zoning: R6B, R6A, C2-4
  • F.A.R (As Built): 3 (2.20)
  • Total Buildable: 17,500 SF +/-
  • Cross Streets: 4th Avenue & 5th Avenue
  • Cap Rate ~ 5.59%
  • Price Per Square Foot ~ $343.17
  • GRM ~ 13.4
  • The asking price is set at $5,650,000 ~ please speak to exclusive agent for more details

Additional Information

Asset Type

Multifamily

City

Brooklyn

Neighborhood

Greenwood Heights

Broker

Sadya Liberow

Price

$5,650,000

Map

 

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    215-15 Northern Boulevard,
    3rd Floor
    Bayside, NY 11361

    Phone: 646.586.2091

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