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446 Franklin Ave 7 Unit Apartment Building $4,834,200 CAD ($690,600 CAD/Unit) 8.70% Cap Rate Brooklyn, NY 11238
Executive Summary
The New York Multifamily team is pleased to offer 446 Franklin Ave, a 7-unit Multifamily Property at Bedford Stuyvesant neighborhood for $3,500,000.
Property Facts
| Price | $4,834,200 CAD | Property Subtype | Apartment |
| Price Per Unit | $690,600 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 8.70% | Lot Size | 0.05 AC |
| Gross Rent Multiplier | 9.8 | Building Size | 6,900 SF |
| No. Units | 7 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1930 |
| Zoning | R6A | ||
| Price | $4,834,200 CAD |
| Price Per Unit | $690,600 CAD |
| Sale Type | Investment |
| Cap Rate | 8.70% |
| Gross Rent Multiplier | 9.8 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 6,900 SF |
| No. Stories | 4 |
| Year Built | 1930 |
| Zoning | R6A |
Amenities
Site Amenities
- Wi-Fi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 7 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01989-0046 | Improvements Assessment | $610,451 CAD |
| Land Assessment | $35,909 CAD | Total Assessment | $646,360 CAD |
Property Taxes
Parcel Number
01989-0046
Land Assessment
$35,909 CAD
Improvements Assessment
$610,451 CAD
Total Assessment
$646,360 CAD
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446 Franklin Ave
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