Asset Scale & Composition: A four-story mixed-use walk-up configured with eight residential units and one street-level commercial storefront.
Strict Tax Exposure Limits: Protected Tax Class 2B designation limits assessed value increases to no more than 8% annually and 30% over five years, providing predictable operating expenses.
Vibrant Flatbush Location: Well-positioned within a high-traffic corridor proximate to Kings Theatre, Flatbush Caton Market, Paerdegat Park, and multiple subway lines.
| Listing Status: | Available |
|---|---|
| Property Types: | Apartment Buildings |
| Price: | $2,500,000 |
| No. of Units: | 9 |
| Cap Rate: | 9.9% |
| Year Built: | 1933 |
| Building Size: | 6,050 Sq ft |
| Lot Size: | 0.04 Acres |
| No. of Stories: | 4 |
| Opportunity Zone: | No |
| Price per unit: | $277,778 |
| Full name | Phone number | Email address |
|---|---|---|
| Lev Mavashev | (212) 658-0979 | [email protected] |
Sponsored by:
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Re/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California