520 Union Ave - Apartments FOR SALE


Brooklyn, NY 11211
$5,150,000 USD
718-475-4358
520 Union Ave, Brooklyn, NY for Sale
$5,150,000 USD
Apartments - FOR SALE
1/20
null | 5.6% Cap Rate

520 Union Ave
Brooklyn, NY 11211


OVERVIEW

The New York Multifamily team is pleased to offer 520 Union Avenue, a 5-unit Multifamily Property at Williamsburg neighborhood for $5,150,000. • Corner, 100% Free Market 5 Family Building • North Williamsburg Location | 3 Blocks from McCarren Park • Gut Renovated and in Turn-Key Condition | Condo Quality Renovations • Fully Leased & Cash-Flowing Asset | 5.6% Cap Rate In-Place • 5 Minute Walk to the L & G Train at Metropolitan/Lorimer | 10 Minute Walk to the L Train at Bedford Avenue • All Separate and Brand New Mechanicals • Surrounded by internationally known dining, nightlife, and entertainment including one of the best restaurants in the city, Lilia, being 2 blocks away • Condos in the area consistently selling for north of $1,800 PSF | Rents Consistently North of $100 PSF in the Immediate Vicinity

FOR SALE DETAILS

PRICE

$5,150,000 USD

PRICE/SF

$1,144 USD /SF

# OF UNITS

5

PRICE/UNIT

$1,030,000

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

M1-2/R6A

APN/PARCEL ID

02741-0001

ASK ABOUT THIS PROPERTY

Mike SalvaticoMarcus & MillichapMore Info
718-475-4358

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Mike SalvaticoMarcus & MillichapMore Info
718-475-4358

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