8001 New Utrecht Ave - Apartments FOR SALE


Brooklyn, NY 11214- Bensonhurst
$2,700,000 USD
718-236-7100
8001 New Utrecht Ave, Brooklyn, NY for Sale
$2,700,000 USD
Apartments - FOR SALE
1/13
null | 3.95% Cap Rate

8001 New Utrecht Ave
Brooklyn, NY 11214
Bensonhurst


HIGHLIGHTS

  • The Carmela Court Apartments consist of 32 one and two-bedroom apartment units.
  • In the Bensonhurst neighborhood of Brooklyn, a large multi-ethnic community home to one of the city's biggest Chinatowns.
  • There is property management and a superintendent in-place to manage the property.
  • The apartment building has a strong leasing history and averages 100% occupancy.

OVERVIEW

Attention all investors: Metro Commercial Brokers is pleased to present the Carmela Court Apartments to the market for a stabilized, income-generation acquisition opportunity. The apartment building consists of 32 units ranging from one and two-bedroom units in the heart of Bensonhurst, Brooklyn, bringing in an annual gross income of $437,562 a year with room for growth. Low rents create the opportunity for significant upside in your investment. The average rent in the building is approximately $1,100/ month. The building has clean and well-kept common areas and a basement for storage. Two staircases lead to the apartments on each floor in this H-shaped building. Additionally, a property management and a superintendent are in place to manage the property.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$58 USD /SF

# OF UNITS

32

PRICE/UNIT

$84,375

CAP RATE

3.95%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carmela Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R5

APN/PARCEL ID

06284-0019

ASK ABOUT THIS PROPERTY

Sal CalabreseMetro Commercial BrokersMore Info
718-236-7100

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Sal CalabreseMetro Commercial BrokersMore Info
718-236-7100

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