174 15th St
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174 15th St
8 Unit Apartment Building $5,062,750 CAD ($632,844 CAD/Unit) 4.91% Cap Rate Brooklyn, NY 11215
EXECUTIVE SUMMARY
An Investors Dream with Fantastic Cash Flow
Amiri NYC is pleased to offer for sale the building 174 15th in prime South Park Slope. Consisting of 5 stories (including the basement), each floor includes two massive 2-bedroom apartments with fantastic natural light for a total of eight residential units. Each apartment is close to 1,000 SF. Laundry machines were installed recently to provide optimal convenience for the residents.
The building is turn-key and fully occupied with major improvements and renovations being completed on a regular basis since 2019 including covering from oil to gas, installing new meters, updating gas lines, roof replacement, and unit renovations. This opportunity is rare. Please contact Behzad for full building details.
Located in prime South Park Slope, on 15th street between 5th and 4th Avenues, it doesn’t get more convenient thank this. Cafes, restaurants, gyms (Blink and Harbor Fitness on the corner) groceries, shopping, parks and transportation are mere blocks away.
*Building Summary:*
- Lot size: 31’ x 105’ Semi-detached
- 5 Stories (including basement)
- Building size 27’ x 90’
- Building SF: 8,400 (overbuilt)
- Residential Units: 8
- Average Residential Size 1,000
- FAR 2
Amiri NYC is pleased to offer for sale the building 174 15th in prime South Park Slope. Consisting of 5 stories (including the basement), each floor includes two massive 2-bedroom apartments with fantastic natural light for a total of eight residential units. Each apartment is close to 1,000 SF. Laundry machines were installed recently to provide optimal convenience for the residents.
The building is turn-key and fully occupied with major improvements and renovations being completed on a regular basis since 2019 including covering from oil to gas, installing new meters, updating gas lines, roof replacement, and unit renovations. This opportunity is rare. Please contact Behzad for full building details.
Located in prime South Park Slope, on 15th street between 5th and 4th Avenues, it doesn’t get more convenient thank this. Cafes, restaurants, gyms (Blink and Harbor Fitness on the corner) groceries, shopping, parks and transportation are mere blocks away.
*Building Summary:*
- Lot size: 31’ x 105’ Semi-detached
- 5 Stories (including basement)
- Building size 27’ x 90’
- Building SF: 8,400 (overbuilt)
- Residential Units: 8
- Average Residential Size 1,000
- FAR 2
PROPERTY FACTS
| Price | $5,062,750 CAD | Apartment Style | Mid Rise |
| Price Per Unit | $632,844 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 4.91% | Building Size | 8,400 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1931 |
| Price | $5,062,750 CAD |
| Price Per Unit | $632,844 CAD |
| Sale Type | Investment |
| Cap Rate | 4.91% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 8,400 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1931 |
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | 1,000 |
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 01047-0020 | Improvements Assessment | $1,516,436 CAD |
| Land Assessment | $17,870 CAD | Total Assessment | $1,534,306 CAD |
PROPERTY TAXES
Parcel Number
01047-0020
Land Assessment
$17,870 CAD
Improvements Assessment
$1,516,436 CAD
Total Assessment
$1,534,306 CAD
ZONING
| Zoning Code | R6 (R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.) |
| R6 (R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx.) |
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174 15th St
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