345 AVENUE X

For Sale - Brooklyn - Gravesend

$1,000,000

Net Operating Income: $49,678

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Key Details

Property Type
Mixed Use
Neighborhood
Gravesend
Property Dimensions
20.0 x 75.0
Property Area
3,000 sq.ft.
Total Units:
4
Stories:
2
NOI
$49,678
Price
$1,000,000
Price Per Unit
$250,000
Cap Rate
5.0%

Listing Description

2-story mixed-use walk-up building with a total of 2 apartments & 2 stores
The apartments are renovated 2-Bedroom units with approximately 700 SF per unit
All leases are long-term leases with increases, expiring around 2025

Property Details

Block/Lot:
7176/47
Lot Dimensions
20.0 x 100.0
Lot Area
2,000 sq.ft
Zoning:
R4
FAR as Built:
1.5
Max FAR:
2.0
Lev MavashevAlpha Realty
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
2851 CROPSEY AVENUE$630,00005/31/2018Mixed Use
370 AVENUE P$2,200,00005/31/2018Mixed Use
155 AVENUE U$1,750,00005/03/2018Mixed Use
161 AVENUE U$980,00003/30/2018Mixed Use
2695 86TH STREET$998,00003/20/2018Mixed Use
2837 HARWAY AVENUE$870,00001/18/2018Mixed Use
2272 86TH STREET$420,00011/30/2017Mixed Use
2268 WEST 7TH STREET$420,00003/28/2017Mixed Use
2721 HARWAY AVENUE$1,288,00012/19/2016Mixed Use
236 AVENUE U$1,095,00009/22/2016Mixed Use