- For Sale $5,950,000
- Property Type Multi-Family
- Property Size 9,156 SF
- Units 11
- Lot Size 0.05 Acre
- Year Built 1900
- Date Updated Jan 23, 2025
Description
• Located in the Brooklyn Heights neighborhood in Brooklyn, NY
• Built in 1900 and has 5 stories and 11 units | Mechanicals and Structure in mint condition
• Pro Forma 4.9% Cap Rate | $540,909 Price/Unit | $650 PSF
• Ability to re-renovate FM units with 2021 finishes
• Nearby schools include P.S. 8 Robert Fulton School, Edmund W Gordon Brooklyn Laboratory School and Urban Assembly Institute of Math and Science for Young Women School.
• Very attractive basis for future condo or single-family conversion
• Magnificent NYC skyline and bridge views
• Unused backyard space
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