Inquire for setup sheet and interior photosPrime Fort Greene investment opportunity offering a 10 unit multi family brick building with all ten apartments free market, located on a beautiful residential ...
44 South Oxford Street
Brooklyn, NY 11217
Listing
| Web ID: | 5849329 |
|---|---|
| Website: | https://www.nestseekers.com/5849329 |
| Cross street: | Park Avenue |
| Building: | 44 South Oxford Street Brooklyn |
| Type: | Low-rise |
| Era: | Post-war |
| Floors: | 4 |
Property
| Ownership: | Rental Property |
|---|---|
| Rooms: | 29 |
| Bedrooms: | Studio |
Financials
Price:$6,750,000
Description
Inquire for setup sheet and interior photos
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Amenities
Laundry Room;
- Basement
- Laundry Room
- Voice Intercom
Location
Contact
Listing Courtesy of The Corcoran Group