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AKA 1435 64th Street 6326 New Utrecht Ave 4 Unit Apartment Building For Sale 5.70% Cap Rate Brooklyn, NY 11219
INVESTMENT HIGHLIGHTS
- Corner semi-detached building - 5 Commercial tenants, plus an appliance retail store, and vacant basement for end-user possibility
- Occupancy Rate: 100%
- Delivered: AS IS
- Steps from the N & W Trains and the B9 Bus Stop
- Current Cap: 5.7%
EXECUTIVE SUMMARY
Located in the Borough Park neighborhood of Brooklyn between 63rd St & 64th St near the New Utrecht Ave & 62nd St subway stations.
Nearest Transit: N train at New Utrecht Ave & D train at 62nd St. The B9, B64, & B16 bus lines.
Nearby tenants include Dunkin', Baskini Robin's, Burger King, Mondial Tiles, Taishan Flower Shop, Five Star Variety Store, La Cholita Mexicana, D & S Bakery Inc, Kathy Yavarkovsky Inc, NEW UTRECHT TILE & CABINET INC, Dragon Master Auto Sound & Security, Tacos Oaxaca, and more!
Nearest Transit: N train at New Utrecht Ave & D train at 62nd St. The B9, B64, & B16 bus lines.
Nearby tenants include Dunkin', Baskini Robin's, Burger King, Mondial Tiles, Taishan Flower Shop, Five Star Variety Store, La Cholita Mexicana, D & S Bakery Inc, Kathy Yavarkovsky Inc, NEW UTRECHT TILE & CABINET INC, Dragon Master Auto Sound & Security, Tacos Oaxaca, and more!
FINANCIAL SUMMARY (ACTUAL - 2024) 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 (ACTUAL - 2024) 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
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.70% | Lot Size | 0.06 AC |
| Sale Condition | 1031 Exchange | Building Size | 6,540 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1920/2023 |
| Property Subtype | Apartment | ||
| Zoning | M1-1 - Light industrial with offices, hotels, and most retail uses permitted | ||
| Sale Type | Investment |
| Cap Rate | 5.70% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 6,540 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2023 |
| Zoning | M1-1 - Light industrial with offices, hotels, and most retail uses permitted |
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Walk Score®
Very Walkable (86)
Transit Score®
Excellent Transit (85)
PROPERTY TAXES
| Parcel Number | 05741-0027 | Total Assessment | $598,587 CAD (2025) |
| Land Assessment | $186,073 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $412,514 CAD (2025) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
05741-0027
Land Assessment
$186,073 CAD (2025)
Improvements Assessment
$412,514 CAD (2025)
Total Assessment
$598,587 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024 Payable 2024
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AKA 1435 64th Street | 6326 New Utrecht Ave
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