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1697 E New York Ave 2,000 SF 100% Leased Flex Building Brooklyn, NY 11212 $1,642,476 CAD ($821.24 CAD/SF) 4.25% Cap Rate
Investment Highlights
- R7A zoning
Executive Summary
R7A zoning. Excellent opportunity for investors to own a semidetached mixed use property with a full basement in a very convenient location. Close to public transportation, including several subway lines and buses. The building features a commercial space on the ground floor that is subject to a ground lease with approximately four years remaining, plus one residential apartment on the second floor with four bedrooms, living room, dining room, kitchen, and one bath. The second floor will be delivered vacant. Great potential.
Property Facts
| Price | $1,642,476 CAD | Property Subtype | Flex |
| Price Per SF | $821.24 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 2,000 SF |
| Cap Rate | 4.25% | No. Stories | 2 |
| Sale Condition | Ground Lease (Leasehold) | Year Built | 1901 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Zoning | R7A - Medium-density apartment house district with lower parking requirements | ||
| Price | $1,642,476 CAD |
| Price Per SF | $821.24 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.25% |
| Sale Condition | Ground Lease (Leasehold) |
| Property Type | Flex |
| Property Subtype | Flex |
| Lot Size | 0.05 AC |
| Rentable Building Area | 2,000 SF |
| No. Stories | 2 |
| Year Built | 1901 |
| Opportunity Zone |
Yes |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements |
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Walk Score®
Very Walkable (85)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (72)
Property Taxes
| Parcel Number | 01444-0041 | Improvements Assessment | $42,332 CAD |
| Land Assessment | $7,953 CAD | Total Assessment | $50,285 CAD |
Property Taxes
Parcel Number
01444-0041
Land Assessment
$7,953 CAD
Improvements Assessment
$42,332 CAD
Total Assessment
$50,285 CAD
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1697 E New York Ave
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