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Rockaway Ave Apartments 192 Rockaway Ave 8 Unit Apartment Building $3,034,588 CAD ($379,323 CAD/Unit) 7.24% Cap Rate Brooklyn, NY 11233
INVESTMENT HIGHLIGHTS
- 3 Free Market Units; 5 Rent Stabilized
- Recently Renovated
EXECUTIVE SUMMARY
Investment Property Realty Group (IPRG) has been exclusively retained to sell 192 Rockaway Avenue. The subject property is located between Atlantic Avenue and Herkimer Street in the Ocean Hill section of Brooklyn.
The property offers 8 apartments total, 3 of which are free market, and 5 of which are rent stabilized.
The property is located within walking distance to the A, C, and J subway lines.
The property offers 8 apartments total, 3 of which are free market, and 5 of which are rent stabilized.
The property is located within walking distance to the A, C, and J subway lines.
PROPERTY FACTS
| Price | $3,034,588 CAD | Property Subtype | Apartment |
| Price Per Unit | $379,323 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.24% | Lot Size | 0.05 AC |
| Gross Rent Multiplier | 10.12 | Building Size | 5,400 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1910 |
| Zoning | R5, C2-3 | ||
| Price | $3,034,588 CAD |
| Price Per Unit | $379,323 CAD |
| Sale Type | Investment |
| Cap Rate | 7.24% |
| Gross Rent Multiplier | 10.12 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,400 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Zoning | R5, C2-3 |
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Walk Score®
Very Walkable (89)
Transit Score®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 01567-0040 | Improvements Assessment | $432,709 CAD |
| Land Assessment | $7,580 CAD | Total Assessment | $440,289 CAD |
PROPERTY TAXES
Parcel Number
01567-0040
Land Assessment
$7,580 CAD
Improvements Assessment
$432,709 CAD
Total Assessment
$440,289 CAD
CONTACTS
-
Steve Reynolds -
Derek Bestreich -
Tom Reynolds -
Brian Davila -
Investment Property Realty Group
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Rockaway Ave Apartments | 192 Rockaway Ave
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