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165 West End Ave 14 Unit Apartment Building $6,110,182 CAD ($436,442 CAD/Unit) 6.93% Cap Rate Brooklyn, NY 11235



Investment Highlights
- Retail Space and 13 Residential Units
- Tax Abatement Expires 2031
- Prime Manhattan Beach Location
- 47' Frontage
- All New Mechanicals, Electrical & Plumbing Updated in 2006
- Close to Public Transportation
Executive Summary
Located in the highly desirable Manhattan Beach section of Brooklyn, this well-maintained mixed-use building at 165 West End Ave presents an exceptional investment opportunity. The property features a ground-floor retail space along with 13 residential units, offering a stable income-producing asset in one of South Brooklyn’s most sought-after neighborhoods. With approximately 47 feet of frontage, the building benefits from strong visibility and presence on the block, making the retail component especially attractive for businesses seeking exposure in a vibrant local market.
The property has been thoughtfully maintained, with major upgrades completed in 2006 including new mechanical systems, electrical infrastructure, and plumbing. A valuable tax abatement remains in place through 2031, enhancing the building’s financial appeal for investors. Situated just moments from public transportation and surrounded by the conveniences of the Manhattan Beach community, this property combines a prime location, solid infrastructure, and long-term income potential.
The property has been thoughtfully maintained, with major upgrades completed in 2006 including new mechanical systems, electrical infrastructure, and plumbing. A valuable tax abatement remains in place through 2031, enhancing the building’s financial appeal for investors. Situated just moments from public transportation and surrounded by the conveniences of the Manhattan Beach community, this property combines a prime location, solid infrastructure, and long-term income potential.
Property Facts
| Price | $6,110,182 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $436,442 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.93% | Building Size | 11,280 SF |
| No. Units | 14 | Average Occupancy | 93% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1938 |
| Zoning | R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx. | ||
| Price | $6,110,182 CAD |
| Price Per Unit | $436,442 CAD |
| Sale Type | Investment |
| Cap Rate | 6.93% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 11,280 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 1938 |
| Zoning | R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | - | - |
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (77)
Property Taxes
| Parcel Number | 08732-0018 | Improvements Assessment | $748,664 CAD |
| Land Assessment | $41,558 CAD | Total Assessment | $790,222 CAD |
Property Taxes
Parcel Number
08732-0018
Land Assessment
$41,558 CAD
Improvements Assessment
$748,664 CAD
Total Assessment
$790,222 CAD
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