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883 4th Ave
Brooklyn, NY 11232
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- • Proximity to Industry City
- • Corner Property with High Upside in All Current Rents
- • High Growth Area of 4th Avenue
- • Multiple Renovated Units
- • Fully Free Market Property
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present 883 4th Avenue, a mixed-use building comprised of 2 three-bedroom apartments, 2 two-bedroom apartments, 1 studio apartment and 1 commercial space. The property is located on the corner of 4th Avenue and 33rd Street in the Greenwood Heights neighborhood of Brooklyn. The subject property lot measures 20 feet wide by 97 feet deep. The property is zoned R7A, C2-4. The subject property is located 3 blocks from the 36th Street [ N, R, D ] Train Station, providing easy access to Manhattan and the rest of Brooklyn.
PROPERTY FACTS
| Price Per Unit | $483,875 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 6 | Building Size | 5,140 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R7A - R7 districts are medium-density apartment house districts | ||
| Price Per Unit | $483,875 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 5,140 SF |
| No. Stories | 3 |
| Year Built | 1925 |
| Opportunity Zone |
Yes |
| Zoning | R7A - R7 districts are medium-density apartment house districts |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- On-Site Retail
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
| 2+1 | 3 | - | - |
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 00685-0008 | Improvements Assessment | $669,403 CAD |
| Land Assessment | $92,091 CAD | Total Assessment | $761,494 CAD |
PROPERTY TAXES
Parcel Number
00685-0008
Land Assessment
$92,091 CAD
Improvements Assessment
$669,403 CAD
Total Assessment
$761,494 CAD
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