650 Marcy Avenue, Brooklyn | Multi-Family | $3,050,000

Home/Completed/Investment Sales/650 Marcy Avenue, Brooklyn | Multi-Family | $3,050,000

650 Marcy Avenue, Brooklyn | Multi-Family | $3,050,000

  • Description: Brand new 8-family building in the heart of Bedford-Stuyvesant
  • Neighborhood: Bedford-Stuyvesant
  • Lot Size: 1,524 SF (18.83′ X 80.92′)
  • Building Size: 5,543 SF (18.83′ x 49′)
  • Zoning: R7A
  • Cross Streets: Dekalb Avenue & Pulaski Avenue
  • Transportation: [G] subway lines at Marcy-Myrtle Avenues
  • Nearby Retailers: Family Dollar, The Home Depot, C-Town, TD Bank, Shell and more
  • Sold Price: $3,050,000

Details

Sadya Liberow of Asset CRG Advisors completed the sale of 650 Marcy Avenue for $3,050,000.The property was a brand new 8-family building that sold with a 421-A in place and 6% cap rate. The property is a tax-protected asset & was sold with eight residential vacancies.

Additional Information

Asset Type

Multifamily

City

Brooklyn

Neighborhood

Bedford Stuyvesant

Price

$3,050,000

Broker

Sadya Liberow

 

Map

 

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    Contact Info

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

    Phone: 646.586.2091

    Fax: 646.767.6790

    Web: www.assetcrg.com