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975 Saint Marks Ave
Brooklyn, NY 11213
Multifamily Property For Sale · 8 Units

Investment Highlights

  • Corner building, ton of light and air, 6 of the 7 residential units are vacant.

Executive Summary

A (4) story walk-up apartment building consisting of 7 rent stabilized apartments and 1 commercial space. All 7 residential units are vacant making the building an ideal candidate for a Sub-Rehabilitation.

Property Facts

Price Per Unit $426,545 CAD
Sale Type Investment
Cap Rate 10.74%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Mid-Rise
Building Class B
Lot Size 0.05 AC
Building Size 7,752 SF
Average Occupancy 25%
No. Stories 4
Year Built 1910
Zoning R6 - 7 Units plus a store with 6 of the 7 units currently vacant. Perfectly situated opportunity for a new owner to renovate the residential portion.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+1 8 - -

Property Taxes

Property Taxes

Parcel Number
01223-0050
Land Assessment
$14,155 CAD
Improvements Assessment
$904,105 CAD
Total Assessment
$918,260 CAD
  • Listing ID: 33923858

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 975 Saint Marks Ave, Brooklyn, NY 11213

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