59 Newell St | Brooklyn, NY 11222
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59 Newell St
Brooklyn, NY 11222
Multifamily Property For Sale · 8 Units
Executive Summary
Fantastic Real Estate Asset With Value-Add Potential Available In Greenpoint. This Multifamily Investment Property Features Eight Rent Stabilized Apartments Offering Solid & Stable Profits. Each Unit Is A Railroad Style Two Bedroom Apartment And The Whole Building Is In A Very Good Condition Since It Undergone Extensive Renovations & Upgrades Throughout Years. Great Income & So Much Upside Potential; One Unit Will Be Delivered Vacant. Situated In The Premier Brooklyn - Greenpoint Location. Close To McCarren & McGorlick Park, G- Train (Nassau Ave Station) & L Train (Bedford Ave), Just One Stop Away From Manhattan & Brooklyn's Best Restaurants & Amenities.
PROPERTY FACTS
Price Per Unit | $487,259 CAD | Apartment Style | Mid Rise |
Sale Type | Investment | Building Class | B |
Cap Rate | 5.71% | Lot Size | 0.07 AC |
No. Units | 8 | Building Size | 8,000 SF |
Property Type | Multifamily | No. Stories | 4 |
Property Subtype | Apartment | Year Built/Renovated | 1928/2022 |
Price Per Unit | $487,259 CAD |
Sale Type | Investment |
Cap Rate | 5.71% |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.07 AC |
Building Size | 8,000 SF |
No. Stories | 4 |
Year Built/Renovated | 1928/2022 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 8 | - | - |
PROPERTY TAXES
Parcel Number | 02683-0007 | Improvements Assessment | $1,728,664 CAD |
Land Assessment | $15,457 CAD | Total Assessment | $1,744,121 CAD |
PROPERTY TAXES
Parcel Number
02683-0007
Land Assessment
$15,457 CAD
Improvements Assessment
$1,728,664 CAD
Total Assessment
$1,744,121 CAD
zoning
Zoning Code | R6B (Multi-Family) |
R6B (Multi-Family) |
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