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Executive Summary

The New York Multifamily team is pleased to offer 472-480 Lefferts Avenue, a 49-unit Multifamily Property at Crown Heights neighborhood for $5,300,000

Property Facts

Price $7,259,463 CAD
Price Per Unit $148,152 CAD
Sale Type Investment
Cap Rate 5.70%
Gross Rent Multiplier 6.9
No. Units 49
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.25 AC
Building Size 45,940 SF
No. Stories 6
Year Built 1939
Opportunity Zone Yes
Zoning R6 - Medium density residential district

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Individual Locking Bedrooms
  • Private Bathroom
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 19 - 500
1+1 15 - 650
2+1 15 - 900
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01332-0007
Land Assessment
$78,279 CAD
Improvements Assessment
$1,740,011 CAD
Total Assessment
$1,818,290 CAD
  • Listing ID: 34856504

  • Date on Market: 2025-02-18

  • Last Updated:

  • Address: 480 Lefferts Ave, Brooklyn, NY 11225

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