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270 15th St 20 Unit Apartment Building $4,413,500 CAD ($220,675 CAD/Unit) 8.31% Cap Rate Brooklyn, NY 11215
Investment Highlights
- 20 Unit Multifamily Building in Park Slope For Sale
- The property offers 20 rent stabilized apartments with exposure to prime retail and shopping corridors
- Owner will remain in apt #2 after the sale
- The subject property is located between 5th & 6th Ave in the Park Slope section of Brooklyn
- The property is currently in AEP (alternative enforcement program) and is being sold as-is
- The property is located within walking distance to the R, F & G trains
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 270 15th St. The subject property is located between 5th & 6th Ave in the Park Slope section of Brooklyn.
The property offers 20 rent stabilized apartments with exposure to prime retail and shopping corridors. The property is currently in AEP (alternative enforcement program) and is being sold as-is. Owner will remain in apt #2 after the sale.
The property is located within walking distance to the R, F & G trains.
The property offers 20 rent stabilized apartments with exposure to prime retail and shopping corridors. The property is currently in AEP (alternative enforcement program) and is being sold as-is. Owner will remain in apt #2 after the sale.
The property is located within walking distance to the R, F & G trains.
Property Facts
| Price | $4,413,500 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $220,675 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 8.31% | Building Size | 22,100 SF |
| No. Units | 20 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | ||
| Zoning | R6 - Medium Density Apartment House District | ||
| Price | $4,413,500 CAD |
| Price Per Unit | $220,675 CAD |
| Sale Type | Investment |
| Cap Rate | 8.31% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 22,100 SF |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | R6 - Medium Density Apartment House District |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 14 | - | 1,000 |
| 3+1 | 6 | - | 1,200 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 01048-0032 | Improvements Assessment | $864,248 CAD |
| Land Assessment | $292,183 CAD | Total Assessment | $1,156,431 CAD |
Property Taxes
Parcel Number
01048-0032
Land Assessment
$292,183 CAD
Improvements Assessment
$864,248 CAD
Total Assessment
$1,156,431 CAD
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270 15th St
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