1251 Dekalb Ave - Apartments FOR SALE


Brooklyn, NY 11221- Bushwick
$6,250,000 USD
516-437-0900
1251 Dekalb Ave, Brooklyn, NY for Sale
$6,250,000 USD
Apartments - FOR SALE
1/6
null | 6.16% Cap Rate

1251 Dekalb Ave
Brooklyn, NY 11221
Bushwick


HIGHLIGHTS

  • Property is an IRS Section 42 LIHTC and is income and rent restricted
  • Currently under "421A" Tax Exemption which runs through June 30th 2033.
  • Elevator in Apartment
  • Laundry Room and Super On Site

OVERVIEW

DeKalb Senior Apartments is a single building located in Brooklyn, New York. The building standing at six stories high and totaling 21,240 square feet above ground with the basement containing 3,540 SF which is partially finished. The building has 8 parking spaces in the rear of the building. The average unit size is 759SF. The property is an IRS Section 42 LIHTC and is income and rent restricted. The property is currently under "421A" Tax Exemption which runs through June 30th 2033.

FOR SALE DETAILS

PRICE

$6,250,000 USD

PRICE/SF

$294 USD /SF

# OF UNITS

28

PRICE/UNIT

$223,214

CAP RATE

6.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dekalb Senior Residence

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,826 SF

ZONING

R6

APN/PARCEL ID

03232-0074

ASK ABOUT THIS PROPERTY

Michael FloreyLTD Real EstateMore Info
516-437-0900

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Michael FloreyLTD Real EstateMore Info
516-437-0900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.