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10 Fort Greene Pl 8 Unit Apartment Building $5,027,084 CAD ($628,386 CAD/Unit) 5.70% Cap Rate Brooklyn, NY 11217



Investment Highlights
- The building is a calm well maintained property of like minded individuals who enjoy living there.
Executive Summary
This is a well maintained property...CASH flowing...with HUGE UPSIDE!
This is a perfect investment for someone just starting in real estate ownership, a 1031 Exchange or someone with a great redevelopment mind. The building is well maintained, has a lower level that can be monetized as well as several apartments that modernized will command a much higher rent. Add a Butterfly system and add 7%
All Documented free market units
48 hours notice
I have others
This is a perfect investment for someone just starting in real estate ownership, a 1031 Exchange or someone with a great redevelopment mind. The building is well maintained, has a lower level that can be monetized as well as several apartments that modernized will command a much higher rent. Add a Butterfly system and add 7%
All Documented free market units
48 hours notice
I have others
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$353,836
|
$102.38
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$353,836
|
$102.38
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$67,209
|
$19.45
|
| Net Operating Income |
$286,627
|
$82.94
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $353,836 |
| Annual Per SF | $102.38 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $353,836 |
| Annual Per SF | $102.38 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $67,209 |
| Annual Per SF | $19.45 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $286,627 |
| Annual Per SF | $82.94 |
Property Facts
Amenities
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gas Range
- Walk To Campus
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02097-0143 | Improvements Assessment | $1,642,204 CAD (2025) |
| Land Assessment | $9,209 CAD (2025) | Total Assessment | $1,651,413 CAD (2025) |
Property Taxes
Parcel Number
02097-0143
Land Assessment
$9,209 CAD (2025)
Improvements Assessment
$1,642,204 CAD (2025)
Total Assessment
$1,651,413 CAD (2025)
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10 Fort Greene Pl
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