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1137 Flatbush Ave 6 Unit Apartment Building $2,491,119 CAD ($415,186 CAD/Unit) 8.40% Cap Rate Brooklyn, NY 11226
Executive Summary
The New York Multifamily team is pleased to offer 1137 Flatbush Ave, a 6-unit Multifamily Property at Flatbush neighborhood for $1,795,000.
Property Facts
| Price | $2,491,119 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $415,186 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 8.40% | Building Size | 5,170 SF |
| Gross Rent Multiplier | 9.4 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1933 |
| Property Subtype | Apartment | ||
| Zoning | R7A/C2-4 - Medium-density apartment house district with lower parking requirements | ||
| Price | $2,491,119 CAD |
| Price Per Unit | $415,186 CAD |
| Sale Type | Investment |
| Cap Rate | 8.40% |
| Gross Rent Multiplier | 9.4 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,170 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1933 |
| Zoning | R7A/C2-4 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Stainless Steel Appliances
- Tub/Shower
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,500 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 05187-0010 | Improvements Assessment | $241,070 CAD |
| Land Assessment | $170,862 CAD | Total Assessment | $411,932 CAD |
Property Taxes
Parcel Number
05187-0010
Land Assessment
$170,862 CAD
Improvements Assessment
$241,070 CAD
Total Assessment
$411,932 CAD
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1137 Flatbush Ave
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