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8794 15th Ave 20 Unit Apartment Building $4,372,402 CAD ($218,620 CAD/Unit) 6.25% Cap Rate Brooklyn, NY 11228
Executive Summary
Located near Dyker Park, 8794 15th Ave offers a steady Real Estate Opportunity for investors seeking a reliable Apartment Building in Bath Beach. With a clean Rent Roll, consistent rent income, and several renovated units, this property stands as a dependable Money Maker in Commercial Real Estate. Its updated systems, on-site super, and strong neighborhood demand make it a practical, long-term Investment with solid Finance fundamentals—a true Real Estate Gem with lasting potential.
Property Facts
| Price | $4,372,402 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $218,620 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 6.25% | Building Size | 18,720 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1916 |
| Zoning | R4 - low-density residential district that primarily allows for one- and two-family detached and semi-detached homes, | ||
| Price | $4,372,402 CAD |
| Price Per Unit | $218,620 CAD |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 18,720 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1916 |
| Zoning | R4 - low-density residential district that primarily allows for one- and two-family detached and semi-detached homes, |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Smoke Free
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (70)
Property Taxes
| Parcel Number | 06426-0052 | Improvements Assessment | $517,585 CAD |
| Land Assessment | $47,165 CAD | Total Assessment | $564,749 CAD |
Property Taxes
Parcel Number
06426-0052
Land Assessment
$47,165 CAD
Improvements Assessment
$517,585 CAD
Total Assessment
$564,749 CAD
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8794 15th Ave
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