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800-802 Bergen St
Brooklyn, NY 11238
Multifamily Property For Sale
·
34 Units
Investment Highlights
- Mix of spacious studio, one, and two- bedroom residences, many with private outdoor space
- 421a tax abatement, expiring in June 2028
- Located within easy access to multiple transit options including the 2/3/4/5/A/C lines
- Tangible rental upside through a value-add business plan as the 421a abatement burns off
- Surrounded by a strong mix of neighborhood dining, cafés, and nightlife throughout Prospect Heights
Executive Summary
Avison Young, as the exclusive agent, is pleased to offer for sale 800 Bergen Street (the “Property”), an 8-story, 52’ elevator building located on the south side of Bergen Street between Grand Avenue and Classon Avenue in Prospect Heights. The building consists of thirty-two (32) residential units. The property was constructed in 2001 and benefits from a 421A abatement, which has 2 years remaining, offering short term free-market rental upside. The unit mix consists of 9 Studios, 15 1BD and 8 2BD/1BA.
Property Facts
| Price Per Unit | $347,300 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 34 | Building Size | 22,240 SF |
| Property Type | Multifamily | No. Stories | 8 |
| Property Subtype | Apartment | Year Built | 2001 |
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - Medium density residential district | ||
| Price Per Unit | $347,300 CAD |
| Sale Type | Investment |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 22,240 SF |
| No. Stories | 8 |
| Year Built | 2001 |
| Zoning | R6 - Medium density residential district |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Oven
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | - |
Property Taxes
| Parcel Number | 01148-0020 | Improvements Assessment | $2,448,673 CAD |
| Land Assessment | $245,680 CAD | Total Assessment | $2,694,353 CAD |
Property Taxes
Parcel Number
01148-0020
Land Assessment
$245,680 CAD
Improvements Assessment
$2,448,673 CAD
Total Assessment
$2,694,353 CAD
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