3319 Snyder Ave - Apartments FOR SALE


Brooklyn, NY 11203
$1,328,888 USD
646-630-5598
3319 Snyder Ave, Brooklyn, NY for Sale
$1,328,888 USD
Apartments - FOR SALE
1/8
null | 7.09% Cap Rate

3319 Snyder Ave
Brooklyn, NY 11203


OVERVIEW

Newly gut-renovated 3-family. Pristine condition with great quality tenants, providing immediate strong cash-flow for any investor. Property may also be delivered vacant by closing for any end-user in search of a beautiful, move-in ready home. Property is located in the heart of East Flatbush, a vibrant neighborhood situated just south of beautiful Prospect Park. The 2 & 5 express subway lines are within a 5 minute walk from the property, providing a direct 30-minute commute into lower Manhattan. Layouts and collected rents are as follows: Floor 1 - 4bed/2bath Duplex (into the basement). Private Yard. Current rent of $3,725/month. Floor 2 - 3bed/1bath. Current rent of $2,600/month. Floor 3 - 4bed/1bath. Current rent of $2,900/month. Property is built 20×50 per floor with an approximate 5×15 side cut-out, allowing great light exposure throughout each floor. Property has true charm to it. Showings available anytime with advanced notice. *This property is not subject to any rent-stabilization or rent-control city ordinances, enabling an owner to capitalize on all uptrends in the rental market. This is vital to any novice out-of-state investor who wants to eliminate all exposure to rent restrictions (seen on NY properties that are 6+ units).*

FOR SALE DETAILS

PRICE

$1,328,888 USD

PRICE/SF

$479 USD /SF

# OF UNITS

3

PRICE/UNIT

$442,963

CAP RATE

7.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3319 Snyder

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R-5

APN/PARCEL ID

04887-0035

ASK ABOUT THIS PROPERTY

Bijan DjafariCloud RealtyMore Info
646-630-5598

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Bijan DjafariCloud RealtyMore Info
646-630-5598

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