382 Kosciusko St - Apartments FOR SALE


Brooklyn, NY 11221
$1,950,000 USD
914-584-7422
382 Kosciusko St, Brooklyn, NY for Sale
$1,950,000 USD
Apartments - FOR SALE
1/7
null | 6.17% Cap Rate

382 Kosciusko St
Brooklyn, NY 11221


HIGHLIGHTS

  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Available Air Rights: There are roughly 1,150 SF of unused air rights for future expansion, development, or disposition.
  • Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years.
  • Transportation Accessibility: Within 6-8 blocks from J, M, Z trains at Myrtle Ave and Kosciuszko Street, as well as G train at Bedford/Nostrand stop.
  • Highly Efficient: Manageably sized units attract student and professionals alike, while keeping operating costs low.
  • Low Maintenance: Building has been fully renovated and maintained, with no need for short term capital improvements.

OVERVIEW

Cory Rosenthal License No. 10991237833 (NY) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$650 USD /SF

# OF UNITS

5

PRICE/UNIT

$390,000

CAP RATE

6.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,999 SF

ZONING

R5, Brooklyn, (C2)

APN/PARCEL ID

01605-0011

ASK ABOUT THIS PROPERTY

DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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DJ JohnstonMatthews Real Estate Investment ServicesMore Info
914-584-7422

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