481 Chauncey St - Apartments FOR SALE
Brooklyn, NY 11233 |
$2,600,000 USD
914-584-7422
481 Chauncey St
Brooklyn, NY 11233
HIGHLIGHTS
- Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement
- Tree-Lined Block: Located on a quiet residential block, lined with cypress and elm trees
- Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years
- Transportation Accessibility: 2 blocks to Chauncey Street J & Z trains, 7 blocks to Bushwick Averdeen L-train, 5 blocks to Rockaway Avenue C-train
- Efficient Layouts: Large air shaft provides spacious and bright unit layouts
- Low Maintenance: Building was fully renovated in 2017 and has been meticulously maintained since, with no need for short term capital improvements
FOR SALE DETAILS
PRICE
$2,600,000 USD
PRICE/SF
$470 USD /SF
# OF UNITS
6
PRICE/UNIT
$433,333
CAP RATE
6.91%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1905
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,614 SF
ZONING
R6
APN/PARCEL ID
01510-0053
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914-584-7422
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914-584-7422
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