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5706 7th Ave 7 Unit Apartment Building $6,740,256 CAD ($962,894 CAD/Unit) 3.89% Cap Rate Brooklyn, NY 11220
Executive Summary
7-family plus one store mixed-use building in the heat of Sunset Park. Lot size: 25x100, Building size: 25x75. Zoning: R7A, C2-4. Finished basement. Each apartment features three bedrooms and one living room, with separate gas and electric meters. Current rental income: $229,000/year. Expenses: $40,475/year. Net income: $190,000/year. Great investment potential.
Call agent for more details.
Call agent for more details.
Property Facts
| Price | $6,740,256 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $962,894 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 3.89% | Building Size | 6,700 SF |
| No. Units | 7 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment | ||
| Zoning | R7/C2-4 - R7 - Medium-density apartment house district with lower parking requirements | ||
| Price | $6,740,256 CAD |
| Price Per Unit | $962,894 CAD |
| Sale Type | Investment |
| Cap Rate | 3.89% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 6,700 SF |
| No. Stories | 4 |
| Year Built | 1925 |
| Zoning | R7/C2-4 - R7 - Medium-density apartment house district with lower parking requirements |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Basement
Site Amenities
- On-Site Retail
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 7 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00849-0038 | Improvements Assessment | $967,683 CAD |
| Land Assessment | $11,144 CAD | Total Assessment | $978,827 CAD |
Property Taxes
Parcel Number
00849-0038
Land Assessment
$11,144 CAD
Improvements Assessment
$967,683 CAD
Total Assessment
$978,827 CAD
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5706 7th Ave
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