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640 Lenox Road 751 Troy Ave 96 Unit Apartment Building $13,189,563 CAD ($137,391 CAD/Unit) 7.40% Cap Rate Brooklyn, NY 11203
Executive Summary
The New York Multifamily team is pleased to offer 751 Troy Avenue, a 96-unit Multifamily Prospect Lefferts Gardens neighborhood for $9,575,000.
Property Facts
| Price | $13,189,563 CAD | Property Subtype | Apartment |
| Price Per Unit | $137,391 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.40% | Lot Size | 0.52 AC |
| Gross Rent Multiplier | 5.9 | Building Size | 72,534 SF |
| No. Units | 96 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1938 |
| Zoning | R5 - Medium density district with a height limit of 40 feet | ||
| Price | $13,189,563 CAD |
| Price Per Unit | $137,391 CAD |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| Gross Rent Multiplier | 5.9 |
| No. Units | 96 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 72,534 SF |
| No. Stories | 6 |
| Year Built | 1938 |
| Zoning | R5 - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Courtyard
- Tenant Controlled HVAC
- Maintenance on site
- Online Services
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 34 | - | 708 |
| 2+1 | 66 | - | 984 |
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Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 04865-0001 | Improvements Assessment | $3,126,456 CAD |
| Land Assessment | $709,369 CAD | Total Assessment | $3,835,825 CAD |
Property Taxes
Parcel Number
04865-0001
Land Assessment
$709,369 CAD
Improvements Assessment
$3,126,456 CAD
Total Assessment
$3,835,825 CAD
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640 Lenox Road | 751 Troy Ave
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