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125 Rogers Ave
Brooklyn, NY 11216
Multifamily Property For Sale · 6 Units

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INVESTMENT HIGHLIGHTS

  • Large Footprint: The existing building is 26’ x 75’ with central air shafts, allowing for six 3BR / 2BTH railroad apartments.
  • Owner/User Potential: Buyer could occupy one or more of the vacant units for their own use and lease out the rest for cashflow.
  • The 2, 3, 4, 5, & S trains are within a few blocks away, offering access to Downtown Brooklyn and Midtown Manhattan within 20-30 minutes.
  • Vacancy: Two of the six units will be delivered vacant (2R & 3R), with two additional units in arrears with evictions in-process (1L & 1R).
  • The property has 2,430 SF of unused air rights, presenting opportunity for future expansion or a sale of air rights sale/transfer.

EXECUTIVE SUMMARY

Crown Heights- Rogers & Park Place. Location-Location Legal 6 family well maintained with approximately. 3 bedrooms each apt & full basement! All 3 bedrooms apartments railroad style & finished basement with 2 separate entrance 2-bathroom, high ceiling, entertainment/recreation room with wet bar! Some units newly renovated 3 bedrooms 1 bath railroad style apartment with 2 entrances bright & sunny with hardwood floors, modern bathroom & New EIK kitchen! Building size 26 x 75 lot size 26 x 100 Zone R6A, C2-4 (Can be converted to commercial storefront) Residential FAR 3 with additional 2,418 buildable sq ft. Great location! New water main just installed! Great income & 8% CAP rate! 3 units 1R & 3R will be delivered vacant possible 4 vacancy-All leases expire SOON! Close to 2,3, 4, & S train & buses! BRP Exclusive -Block away BUSY Classon Avenue Restaurant row & entertainment & shopping strip! from Medgar's Evers College, Suny Downstate Hospital, Pratt, Brooklyn Children's Museum, Brooklyn Museum & More!!! Minutes to Manhattan to Prospect Park! Steps away from Supermarkets, Restaurants, Laundromats, etc., Units are shown by appointment reshow only! Owner VERY motivated!!

PROPERTY FACTS

Sale Type Investment
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,400 SF
No. Stories 3
Year Built 1931
Zoning R6 C2-4 - R6 C2-4

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Heating
  • Eat-in Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Yard
  • Basement
  • Garden

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01240-0007
Land Assessment
$10,107 CAD
Improvements Assessment
$850,257 CAD
Total Assessment
$860,364 CAD
  • Listing ID: 34392924

  • Date on Market: 2024-10-04

  • Last Updated:

  • Address: 125 Rogers Ave, Brooklyn, NY 11216

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