Se Connecter/S’inscrire
Votre courriel a été envoyé.
844 Flatbush - 9.9 Cap 844 Flatbush Ave 14 Unité Immeuble d’appartements 2 405 473 $ CAD (171 820 $ CAD/Unité) 9,90% Taux de capitalisation Brooklyn, NY 11226
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Positioned along one of Brooklyn’s busiest retail corridors, just steps from the Church Avenue subway hub.
- Limited competing inventory and steady neighborhood development create strong fundamentals for rent growth and appreciation.
- Surrounded by national retailers and dense residential housing, supporting long-term demand across asset classes.
- The property is surrounded by strong local & national retailers, excellent transit access, & a growing residential base that continues to drive demand
RÉSUMÉ DE L'ANNONCE
New York Multifamily is pleased to offer 844 Flatbush Avenue, located in the heart of the bustling Flatbush neighborhood of Brooklyn. Positioned between Caton Avenue and Linden Boulevard, this mixed-use property offers investors a rare opportunity to acquire a stabilized asset in one of the borough’s most active retail and residential corridors. The property is surrounded by strong local and national retailers, excellent transit access, and a growing residential base that continues to drive demand.
Built for resilient in-place cash flow and long-term appreciation, the property comprises 12 residential units and 2 commercial spaces, totaling approximately 8,720 square feet across four stories. With a 9.9% in-place cap rate, 12.17% pro forma cash-on-cash return, and an average residential rent of just $1,306/month, the asset presents significant operational and financial efficiency at acquisition. Investors will benefit from strong tenancy across both residential and retail components, while modest interior upgrades to select units can unlock immediate revenue growth. Situated steps from the Church Avenue subway station and major commercial anchors, 844 Flatbush Avenue is uniquely positioned to outperform in both upcycles and market corrections.
• THE BUILDING
Well-maintained mixed-use property featuring 12 residential units above 2 ground-floor retail spaces with strong frontage on Flatbush Avenue. The asset benefits from high foot traffic, clean tenancy, and light value-add potential in select units.
• THE METRICS
9.9% Cap Rate | 5.3x GRM | $123,929 Price Per Unit | $199 Price Per Sqft | 12.17% Cash-On-Cash
• PRIME LOCATION – FLATBUSH CORRIDOR
Positioned along one of Brooklyn’s busiest retail corridors, just steps from the Church Avenue subway hub. Surrounded by national retailers and
dense residential housing, supporting long-term demand across asset classes.
• GROWTH POTENTIAL
Limited competing inventory and steady neighborhood development create strong fundamentals for rent growth and appreciation. Light renovations to interiors and common areas can unlock additional upside while maintaining in-place cash flow.
Built for resilient in-place cash flow and long-term appreciation, the property comprises 12 residential units and 2 commercial spaces, totaling approximately 8,720 square feet across four stories. With a 9.9% in-place cap rate, 12.17% pro forma cash-on-cash return, and an average residential rent of just $1,306/month, the asset presents significant operational and financial efficiency at acquisition. Investors will benefit from strong tenancy across both residential and retail components, while modest interior upgrades to select units can unlock immediate revenue growth. Situated steps from the Church Avenue subway station and major commercial anchors, 844 Flatbush Avenue is uniquely positioned to outperform in both upcycles and market corrections.
• THE BUILDING
Well-maintained mixed-use property featuring 12 residential units above 2 ground-floor retail spaces with strong frontage on Flatbush Avenue. The asset benefits from high foot traffic, clean tenancy, and light value-add potential in select units.
• THE METRICS
9.9% Cap Rate | 5.3x GRM | $123,929 Price Per Unit | $199 Price Per Sqft | 12.17% Cash-On-Cash
• PRIME LOCATION – FLATBUSH CORRIDOR
Positioned along one of Brooklyn’s busiest retail corridors, just steps from the Church Avenue subway hub. Surrounded by national retailers and
dense residential housing, supporting long-term demand across asset classes.
• GROWTH POTENTIAL
Limited competing inventory and steady neighborhood development create strong fundamentals for rent growth and appreciation. Light renovations to interiors and common areas can unlock additional upside while maintaining in-place cash flow.
FAITS SUR LA PROPRIÉTÉ
| Prix | 2 405 473 $ CAD | Style d’appartement | De hauteur moyenne |
| Prix par unité | 171 820 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,07 AC |
| Taux de capitalisation | 9,90% | Taille du bâtiment | 8 720 pi² |
| Multiplicateur du loyer brut | 5.3 | Occupation moyenne | 92% |
| Nombre d’unités | 14 | Nombre d’étages | 4 |
| Type de propriété | Immeuble residentiel | Année de construction | 1914 |
| Sous-type de propriété | Appartement | ||
| Zonage | R7A C2-4 - Les zones R7 sont des quartiers résidentiels à densité moyenne, principalement composés d'immeubles d'appartements. | ||
| Prix | 2 405 473 $ CAD |
| Prix par unité | 171 820 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 9,90% |
| Multiplicateur du loyer brut | 5.3 |
| Nombre d’unités | 14 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 0,07 AC |
| Taille du bâtiment | 8 720 pi² |
| Occupation moyenne | 92% |
| Nombre d’étages | 4 |
| Année de construction | 1914 |
| Zonage | R7A C2-4 - Les zones R7 sont des quartiers résidentiels à densité moyenne, principalement composés d'immeubles d'appartements. |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Cuisine
- Réfrigérateur
- Four
- Bain/Douche
COMMODITÉS DU SITE
- Commerce de détail sur place
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 14 | - | 643 |
1 1
Walk Score®
Un paradis pour un marcheur (98)
Transit Score®
Un paradis pour conducteur (100)
Bike Score®
Très cyclable (84)
Impôts fonciers
| Numéro de lot | 05082-0026 | Évaluation des bâtiments | 763 027 $ CAD |
| Évaluation du terrain | 180 930 $ CAD | Évaluation totale | 943 958 $ CAD |
Impôts fonciers
Numéro de lot
05082-0026
Évaluation du terrain
180 930 $ CAD
Évaluation des bâtiments
763 027 $ CAD
Évaluation totale
943 958 $ CAD
CONTACTS
-
Seth Glasser -
Michael Fusco -
Daniel Greenblatt -
Benjamin Myerow -
Christopher Mehran -
Marcus & Millichap
1 de 12
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
1 de 1
Présenté par
844 Flatbush - 9.9 Cap | 844 Flatbush Ave
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.