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1365 Dekalb Ave

6 Unit Apartment Building $1,485,571 CAD ($247,595 CAD/Unit) 5.67% Cap Rate Brooklyn, NY 11221

Executive Summary

Semi-attached six-unit building Located in prime Bushwick
Total building size: 4,500 sq ft
Lot dimensions: 25 x 90.5 (2,263 sq ft)
Actual gross annual income: $94,557.72
Units:
1R: Section 8 tenant
2R: Rent paid through HRA since 2023 (2 year lease)
3R: Free-market unit (month-to-month)
1L, 2L, 3L: Rent-stabilized units
Free market unit is fully renovated, including a new dishwasher and washer/dryer.
2A Tax Class: Capped annual tax increases
5.67 Actual cap rate.
6.81 Potential cap rate.
Steps away from the L and M trains, restaurants, shops, cafes, bars and many conveniences.

Property Facts

Price $1,485,571 CAD
Price Per Unit $247,595 CAD
Sale Type Investment
Cap Rate 5.67%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.05 AC
Building Size 4,125 SF
No. Stories 3
Year Built 1931
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - -
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03234-0047
Land Assessment
$43,375 CAD
Improvements Assessment
$664,014 CAD
Total Assessment
$707,388 CAD

zoning

Zoning Code R6
R6
  • Listing ID: 34174052

  • Date on Market: 2024-12-12

  • Last Updated:

  • Address: 1365 Dekalb Ave, Brooklyn, NY 11221

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