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1505 Gravesend Neck Rd
Brooklyn, NY 11229
Multifamily Property For Sale · 3 Units

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INVESTMENT HIGHLIGHTS

  • Convenient location 25 feet from Q Train stop at Neck Rd
  • Low RE Taxes and protected tax class 1 create a perfect owner-user opportunity
  • Retail space to be delivered vacant at closing

EXECUTIVE SUMMARY

RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 1505 Gravesend Neck Road? Sheepshead Bay, Brooklyn, NY. Convenient location 25 feet from Q Train stop at Neck Rd. Retail space to be delivered vacant at closing. Low RE Taxes and protected tax class 1 create a perfect owner-user opportunity. For detailed rent roll and expenses, or to schedule an inspection, please inquire within.

PROPERTY FACTS

Price Per Unit $777,062 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.03 AC
Building Size 2,970 SF
Average Occupancy 100%
No. Stories 3
Year Built 1910
Zoning c1-2 - combines residential zoning with limited commercial uses, such as small businesses, local retail, and offices, on the lower floors of buildings.

AMENITIES

SITE AMENITIES

  • Controlled Access
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
5+4 3 - 2,970

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07376-0059
Land Assessment
$16,755 CAD
Improvements Assessment
$107,051 CAD
Total Assessment
$123,806 CAD
  • Listing ID: 38774416

  • Date on Market: 2025-12-15

  • Last Updated:

  • Address: 1505 Gravesend Neck Rd, Brooklyn, NY 11229

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