Share This Listing

Message

964 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 broker for more information about this property

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.

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
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
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

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
  • Listing ID: 40110420

  • Date on Market: 2026-04-10

  • Last Updated:

  • Address: 393 Rogers Ave, Brooklyn, NY 11225

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") }}