259 Kosciuszko St - Apartments FOR SALE


Brooklyn, NY 11221- Bedford-Stuyvesant
$2,150,000 USD
718-395-1877
259 Kosciuszko St, Brooklyn, NY for Sale
$2,150,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

259 Kosciuszko St
Brooklyn, NY 11221
Bedford-Stuyvesant


HIGHLIGHTS

  • Condo Quality Units
  • 421-A Tax Abatement
  • 4 Units
  • Low Expenses
  • Walking Distance to Herbert Von King Park
  • Amenities Including Finished Roof Deck

OVERVIEW

TerraCRG has been retained exclusively to sell 259 Kosciuszko Street. The 4-unit luxury residential building is located in the Bedford-Stuyvesant section of Brooklyn. The new construction building consists of 4 large residential units including one Duplex Unit with private backyard access. The property has condominium quality high-end finishes and several nice amenities, including central AC, washer/dryer in each unit and a finished roof deck accessible for all the units.  The property has in-place gross income of $137K/year. The property also has extremely low expenses because of an in-place 421-A tax abatement and separate heating which is paid by the tenants. The property is located in close proximity to many great bars, restaurants and cafes and other popular retailers, including BKLYN Blend, Sally’s, Bicycle Roots, Clementine Bakery, and Peaches. There are also many national retailers within proximity to the property such as Home Depot. The property is located just two blocks away from the G train (Bedford-Nostrand Avenues) and is easily accessible to the A/C  train (Nostrand Avenue). The building is approx. one block from Herbert Von King Park, an 8-acre park with many amenities, including dog runs.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$754 USD /SF

# OF UNITS

4

PRICE/UNIT

$537,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4-Unit New Construction Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,542 SF

ZONING

R6B

APN/PARCEL ID

01781-0068

ASK ABOUT THIS PROPERTY

Remi NorrisTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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Remi NorrisTerraCRG Brooklyn Commercial Real EstateMore Info
718-395-1877

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