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276 Kings Hwy 276 Kings Hwy 3 Unit Apartment Building $2,262,795 CAD ($754,265 CAD/Unit) 5.65% Cap Rate Brooklyn, NY 11223
Investment Highlights
- Mixed-use
- Owner-user
- Kings highway
- Free market
- Investment opportunity
Executive Summary
• Mixed-use building consisting of 2 free-market residential apartments and 1 restaurant
• 100% free-market residential component
• Located on Kings Highway, one of Brooklyn's premier retail corridors
• Strong pedestrian and vehicular traffic
• Established restaurant tenancy providing stable income
• Opportunity for future rental growth within the residential units
• Excellent owner-user or investment opportunity
• Convenient access to public transportation and neighborhood amenities
• Ideal for private investors and 1031 exchange buyers
• 100% free-market residential component
• Located on Kings Highway, one of Brooklyn's premier retail corridors
• Strong pedestrian and vehicular traffic
• Established restaurant tenancy providing stable income
• Opportunity for future rental growth within the residential units
• Excellent owner-user or investment opportunity
• Convenient access to public transportation and neighborhood amenities
• Ideal for private investors and 1031 exchange buyers
Property Facts
| Price | $2,262,795 CAD | Property Subtype | Apartment |
| Price Per Unit | $754,265 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| Cap Rate | 5.65% | Building Size | 3,100 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements | ||
| Price | $2,262,795 CAD |
| Price Per Unit | $754,265 CAD |
| Sale Type | Investment |
| Cap Rate | 5.65% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 3,100 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R7A - Medium-density apartment house district with lower parking requirements |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06649-0020 | Improvements Assessment | $97,980 CAD |
| Land Assessment | $29,675 CAD | Total Assessment | $127,655 CAD |
Property Taxes
Parcel Number
06649-0020
Land Assessment
$29,675 CAD
Improvements Assessment
$97,980 CAD
Total Assessment
$127,655 CAD
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276 Kings Hwy | 276 Kings Hwy
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