357 Legion St - Apartments FOR SALE


Brooklyn, NY 11212- Brownsville
$2,850,000 USD
718-496-9820
357 Legion St, Brooklyn, NY for Sale
$2,850,000 USD
Apartments - FOR SALE
1/15
null | 9.2% Cap Rate

357 Legion St
Brooklyn, NY 11212
Brownsville


HIGHLIGHTS

  • Newly Renovated Property
  • High Cap Rate

OVERVIEW

Reyes & Elsamad Real Estate Group has been retained on an exclusive basis to sell 357 Legion Street, Brooklyn NY. This property has two 3- bedroom / 1 bath apartments that are renovated and delivered occupied. The retail space is occupied by a day care that is leasing 4,650 SF of commercial space. They have just signed a new ten-year lease with 5-year option starting out at $42.5 PPSF. The property is turn-key with low maintenance required. Gross yearly cash-flow is $287,760 being sold at a 9.2% Cap Rate. Contact us as this will not last!

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$380 USD /SF

# OF UNITS

-

CAP RATE

9.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use | 2 Family over Retail

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

03595-0027

ASK ABOUT THIS PROPERTY

Julio ReyesReyes & ElsamadMore Info
718-496-9820

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Julio ReyesReyes & ElsamadMore Info
718-496-9820

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