Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

174 15th St 8 Unit Apartment Building $4,885,720 CAD ($610,715 CAD/Unit) 4.91% Cap Rate Brooklyn, NY 11215

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

An Investors Dream with Fantastic Cash Flow
Amiri NYC is pleased to offer for sale the building 174 15th in prime South Park Slope. Consisting of 5 stories (including the basement), each floor includes two massive 2-bedroom apartments with fantastic natural light for a total of eight residential units. Each apartment is close to 1,000 SF. Laundry machines were installed recently to provide optimal convenience for the residents.
The building is turn-key and fully occupied with major improvements and renovations being completed on a regular basis since 2019 including covering from oil to gas, installing new meters, updating gas lines, roof replacement, and unit renovations. This opportunity is rare. Please contact Behzad for full building details.
Located in prime South Park Slope, on 15th street between 5th and 4th Avenues, it doesn’t get more convenient thank this. Cafes, restaurants, gyms (Blink and Harbor Fitness on the corner) groceries, shopping, parks and transportation are mere blocks away.
*Building Summary:*
- Lot size: 31’ x 105’ Semi-detached
- 5 Stories (including basement)
- Building size 27’ x 90’
- Building SF: 8,400 (overbuilt)
- Residential Units: 8
- Average Residential Size 1,000
- FAR 2

PROPERTY FACTS

Price $4,885,720 CAD
Price Per Unit $610,715 CAD
Sale Type Investment
Cap Rate 4.91%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.07 AC
Building Size 8,400 SF
Average Occupancy 100%
No. Stories 4
Year Built 1931
Zoning R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01047-0020
Land Assessment
$17,760 CAD
Improvements Assessment
$1,352,265 CAD
Total Assessment
$1,370,024 CAD
  • Listing ID: 35342204

  • Date on Market: 2023-10-23

  • Last Updated:

  • Address: 174 15th St, Brooklyn, NY 11215

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}