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1518 Bedford Avenue 1518 Bedford Ave 8 Unit Apartment Building $4,795,000 CAD ($599,375 CAD/Unit) 6.06% Cap Rate Brooklyn, NY 11216
Executive Summary
6 fully renovated apartments and free market. 2 rent stabilized units gross monthly rent $19,500. The entire building has been fully renovated with the following. Roof, windows, doors, all hardwood floors, high hats, stainless steel appliances, kitchens, bathrooms and all new electrical and plumbing. Each unit has separate boiler . Walk up building with 2 apartments per floor, 4 story building in Crown heights.. Tenant pays separate utilities and have window unit for air conditioning. First floor has 1 stabilized unit paying $900 and Second floor stabilized is paying $1450 Zero Lead Paint in the building. property taxes $16,742
Property Facts
| Price | $4,795,000 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $599,375 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 6.06% | Building Size | 8,931 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built/Renovated | 1931/2010 |
| Zoning | R6A - R6A Zoning is a medium-density residential zoning district. It is a contextual zone that follows the regulations of the Quality Housing Program. | ||
| Price | $4,795,000 CAD |
| Price Per Unit | $599,375 CAD |
| Sale Type | Investment |
| Cap Rate | 6.06% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 8,931 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1931/2010 |
| Zoning | R6A - R6A Zoning is a medium-density residential zoning district. It is a contextual zone that follows the regulations of the Quality Housing Program. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
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
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01252-0082 | Improvements Assessment | $1,401,168 CAD |
| Land Assessment | $17,530 CAD | Total Assessment | $1,418,698 CAD |
Property Taxes
Parcel Number
01252-0082
Land Assessment
$17,530 CAD
Improvements Assessment
$1,401,168 CAD
Total Assessment
$1,418,698 CAD
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