1564 PROSPECT PLACE

For Sale - Brooklyn - Crown Heights

$1,850,000

Net Operating Income: $129,462

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Key Details

Property Type
MultiFamily
Neighborhood
Crown Heights
Property Dimensions
19.82 x 52.0
Property Area
6,450 sq.ft.
Total Units:
6
Stories:
3
NOI
$129,462
Price
$1,850,000
Price Per Unit
$308,333
Cap Rate
7.0%

Listing Description

3-story multifamily walk-up building with a total of 6 apartments, located in
qualified opportunity zone
• All units are front-back
• In 2015/2016 the building was completely gut-renovated
• Ground floor units can be duplexed into basement, and rear unit can have back
porch and access to yard
• Within walking distance of the Ralph Ave and Utica Ave subway stations ( C, 3, 4 )

Property Details

Block/Lot:
1369/13
Lot Dimensions
25.0 x 127.75
Lot Area
3,193 sq.ft
Zoning:
R6
FAR as Built:
1.27
Max FAR:
4.8
Lev MavashevAlpha Realty
Contact Agent View Setup

Sales & Transactions

AddressSale PriceSale DateProperty Type
1030 CARROLL STREET$18,400,00007/24/2018MultiFamily
686 PARK PLACE$2,355,00007/20/2018MultiFamily
1138 BERGEN STREET$2,240,00007/19/2018MultiFamily
186 NEW YORK AVENUE$2,270,00007/19/2018MultiFamily
88 UTICA AVENUE$999,99907/19/2018MultiFamily
1308 PACIFIC STREET$2,072,50007/09/2018MultiFamily
1969 PACIFIC STREET$810,00007/06/2018MultiFamily
1260 PROSPECT PLACE$999,66707/05/2018MultiFamily
1314 STERLING PLACE$1,100,00006/22/2018MultiFamily
826 CROWN STREET$11,450,00006/22/2018MultiFamily