740 PARK PLACE

For Sale - Brooklyn - Crown Heights

$1,750,000

Net Operating Income: $86,172

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Key Details

Property Type
MultiFamily
Neighborhood
Crown Heights
Property Dimensions
33.0 x 85.0
Property Area
9,200 sq.ft.
Total Units:
8
Stories:
4
NOI
$86,172
Price
$1,750,000
Price Per Unit
$218,750
Cap Rate
4.9%

Listing Description

Located between Rogers Avenue and Bedford Avenue in the Crown Heights section of Brooklyn. The property is built 33 ft x 85 ft offering approximately 9,200 square feet. It sits on a 33 ft x 105.58 ft lot and is zoned R6A, C2-4. The property features 8 three-bedroom apartments.

The property is located within walking distance to the 2, 3, 4, 5, A, C, and S subway lines, offering quick and easy access to Manhattan. It is also within walking distance to an array of strong retail along Franklin Avenue.

Property Details

Block/Lot:
1239/17
Lot Dimensions
33.0 x 105.58
Lot Area
3,484 sq.ft
Zoning:
R6A
FAR as Built:
2.64
Max FAR:
3.0
Mina PardasaniBRG
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