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393 Rogers Ave 3 Unit Apartment Building $3,440,995 CAD ($1,146,998 CAD/Unit) 6.58% Cap Rate Brooklyn, NY 11225



Executive Summary
Turnkey Three-Family Strong Income + End-User Flexibility.
393 Rogers Avenue presents a gut-renovated, turnkey three-family townhouse built approximately 20 x 50' on 20' 90' lot at the crossroads of Crown Heights
and Prospect Lefferts Gardens. Delivering an approximate 6.5% cap rate with low taxes, this is a compelling opportunity for investors seeking immediate, stable returns. Equally appealing for an end-user, the property offers the flexibility to occupy the vacant unit while leveraging rental income from the remaining apartments to offset ownership costs from day-1.
Each residence is configured as a spacious three-bedroom with at least two full baths. The garden unit features a bonus recreation level with an additional half
bath, nearly 8-foot ceilings, and direct access to a private, serene backyard. Ceiling heights reach approximately 11 feet on the parlor level, enhancing light and
volume throughout.
All units have been thoughtfully finished with a cohesive, modern design, including:
-Central air conditioning & heating
-Natural oak hardwood flooring
-Pella architectural series windows
-Black granite countertops and stainless steel appliances
-In-unit gas washer/dryer and dishwasher
-Video intercom
-Recessed lighting
-Contemporary, fully renovated bathrooms
A shared, finished roof deck offers open views and added outdoor space for residents.
Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route, the property is surrounded by neighborhood
favorites including Bomberino, Bobbed Bandit, and Lidl. Nearby Prospect Park, the Prospect Park Zoo, and Brooklyn Public Library round out the lifestyle appeal.
393 Rogers Avenue presents a gut-renovated, turnkey three-family townhouse built approximately 20 x 50' on 20' 90' lot at the crossroads of Crown Heights
and Prospect Lefferts Gardens. Delivering an approximate 6.5% cap rate with low taxes, this is a compelling opportunity for investors seeking immediate, stable returns. Equally appealing for an end-user, the property offers the flexibility to occupy the vacant unit while leveraging rental income from the remaining apartments to offset ownership costs from day-1.
Each residence is configured as a spacious three-bedroom with at least two full baths. The garden unit features a bonus recreation level with an additional half
bath, nearly 8-foot ceilings, and direct access to a private, serene backyard. Ceiling heights reach approximately 11 feet on the parlor level, enhancing light and
volume throughout.
All units have been thoughtfully finished with a cohesive, modern design, including:
-Central air conditioning & heating
-Natural oak hardwood flooring
-Pella architectural series windows
-Black granite countertops and stainless steel appliances
-In-unit gas washer/dryer and dishwasher
-Video intercom
-Recessed lighting
-Contemporary, fully renovated bathrooms
A shared, finished roof deck offers open views and added outdoor space for residents.
Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route, the property is surrounded by neighborhood
favorites including Bomberino, Bobbed Bandit, and Lidl. Nearby Prospect Park, the Prospect Park Zoo, and Brooklyn Public Library round out the lifestyle appeal.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,440,995 CAD | Apartment Style | Townhome |
| Price Per Unit | $1,146,998 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 6.58% | Building Size | 3,000 SF |
| Gross Rent Multiplier | 13.65 | Average Occupancy | 66% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2018 |
| Property Subtype | Apartment | ||
| Zoning | R5 | ||
| Price | $3,440,995 CAD |
| Price Per Unit | $1,146,998 CAD |
| Sale Type | Investment |
| Cap Rate | 6.58% |
| Gross Rent Multiplier | 13.65 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 66% |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2018 |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Yard
- Basement
- Garden
- Smoke Free
- Large Bedrooms
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | 1,000 |
1 1
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01315-0005 | Total Assessment | $183,849 CAD (2025) |
| Land Assessment | $27,008 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $156,842 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
01315-0005
Land Assessment
$27,008 CAD (2025)
Improvements Assessment
$156,842 CAD (2025)
Total Assessment
$183,849 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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393 Rogers Ave
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