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1381 Madison St
Brooklyn, NY 11237
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Building underwent a complete gut renovation in 2014, including all units and all systems.
- Exposed brick, new tile kitchens, high efficiency tankless units, stainless steel
Executive Summary
Bushwick residential rental with six large free market apartments.
Completely gut renovated building with high end finishes and in unit W/D.
Under 25 min to Manhattan. Close to Bushwick attractions.
Completely gut renovated building with high end finishes and in unit W/D.
Under 25 min to Manhattan. Close to Bushwick attractions.
Property Facts
| Price Per Unit | $649,924 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.48% | Lot Size | 0.05 AC |
| Gross Rent Multiplier | 11 | Building Size | 4,350 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2015 |
| Zoning | R6 - Residence Districts are medium-density districts. | ||
| Price Per Unit | $649,924 CAD |
| Sale Type | Investment |
| Cap Rate | 6.48% |
| Gross Rent Multiplier | 11 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,350 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2015 |
| Zoning | R6 - Residence Districts are medium-density districts. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 650 |
| 4+1.5 | 2 | - | 1,500 |
Property Taxes
| Parcel Number | 03363-0032 | Improvements Assessment | $677,793 CAD |
| Land Assessment | $6,865 CAD | Total Assessment | $684,658 CAD |
Property Taxes
Parcel Number
03363-0032
Land Assessment
$6,865 CAD
Improvements Assessment
$677,793 CAD
Total Assessment
$684,658 CAD
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