- Four story mixed-use building in the Crown Heights neighborhood of Brooklyn.
- Building consists of 14 residential units and 2 commercial units.
- The property has a J51 tax abatement which expires in 2028.
- Property is located near Utica Avenue [2,3,4,5] Train Station.
- Price ~ $3,400,000
- Cap Rate ~ 6.4%
- GRM ~ 11.7
Utica Avenue Brooklyn, NY 11213
$3,400,000.00
Details
- Four story mixed-use building in the Crown Heights neighborhood of Brooklyn.
- Building consists of 14 residential units and 2 commercial units.
- The property has a J51 tax abatement which expires in 2028.
- Property is located near Utica Avenue [2,3,4,5] Train Station.
- Price ~ $3,400,000
- Cap Rate ~ 6.4%
- GRM ~ 11.7
Additional Information
| Asset Type | Mixed-Use |
|---|---|
| City | Brooklyn |
| Neighborhood | Crown Heights |
| Broker | Sadya Liberow, Yuriy Ustoyev |
| Price | $3,400,000 |
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J51 Abatement in place, 15 years remaining. New tiles, bathrooms, kitchen works, lighting, etc. Boiler installed in each unit, not under Landlord maintenance. Easy access to Jackie Robinson Expy, Van Wyck Expy and public transportation
