247 73rd St - Apartments FOR SALE


Brooklyn, NY 11209
$1,695,000 USD
718-768-4500
247 73rd St, Brooklyn, NY for Sale
$1,695,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

247 73rd St
Brooklyn, NY 11209


HIGHLIGHTS

  • Near 3rd Ave shopping

OVERVIEW

Located in the heart of Bay Ridge, this 3-story brick multifamily property offers a rare opportunity for investors or developers with vision. Consisting of 6 units, the building requires a full gut renovation due to fire damage, making it a perfect blank canvas for transforming the apartments into modern free-market rentals. Situated just steps away from 3rd Avenue’s vibrant shopping district, convenient transportation, and a wide array of restaurants and nightlife options, this property boasts an enviable location. It’s also only a few blocks from Shore Road Promenade, offering scenic views and recreation. The building will be delivered vacant at closing, and is sold as-is, with no mortgage contingency. All-cash deals only, ideal for those ready to bring this property back to life and take advantage of the growing rental market in one of Brooklyn's most sought-after neighborhoods. For additional information or to schedule a viewing please contact: Jimmy 718.768.4500 / 917.204.7315 gh@Bellmarc.com

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

6

PRICE/UNIT

$282,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

247 73 St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,419 SF

ZONING

R5B

APN/PARCEL ID

05907-0063

ASK ABOUT THIS PROPERTY

Gamal HasanBellmarc Realty GroupMore Info
718-768-4500

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Gamal HasanBellmarc Realty GroupMore Info
718-768-4500

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