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456_460 Grant Ave MULTIFAMILY INVESTMENT 2 Multifamily Properties Offered at $2,798,600 CAD in Brooklyn, NY
Investment Highlights
- Situated less than two blocks from the Grant Ave Subway(A Train), providing a direct, 30-minute commute into Downtown Brooklyn and Lower Manhattan.
- The physical building footprint (28 ft x 68 ft) sits on a generous 28 ft x 100.08 ft lot.
- The property's robust structural envelope is ideal for an investor looking to capture near-term rental upside.
Executive Summary
FLEXIBLE INVESTMENT STRUCTURE:
• COMBINED BULK PACKAGE: $2,000,000 | 6.88% CAP RATE ($150,000 Instant Bulk Discount)
• 456 GRANT AVENUE (INDIVIDUAL): $1,000,000 | 6.56% CAP RATE
• 460 GRANT AVENUE (INDIVIDUAL): $1,150,000 | 6.26% CAP RATE
• COMBINED BULK PACKAGE: $2,000,000 | 6.88% CAP RATE ($150,000 Instant Bulk Discount)
• 456 GRANT AVENUE (INDIVIDUAL): $1,000,000 | 6.56% CAP RATE
• 460 GRANT AVENUE (INDIVIDUAL): $1,150,000 | 6.26% CAP RATE
Property Facts
| Price | $2,798,600 CAD | Status | Active |
| Price / SF | $244.98 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.88% | Total Building Size | 11,424 SF |
| Sale Type | Investment | Total Land Area | 0.13 AC |
| Price | $2,798,600 CAD |
| Price / SF | $244.98 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.88% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,424 SF |
| Total Land Area | 0.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 456 Grant Ave, Brooklyn, NY 11208 | Multifamily | 5,712 SF | 1917 | - |
| 460 Grant Ave, Brooklyn, NY 11208 | Multifamily | 5,712 SF | 1917 | - |
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456_460 Grant Ave MULTIFAMILY INVESTMENT
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