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Dekalb Senior Residence | 1251 Dekalb Ave
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Dekalb Senior Residence 1251 Dekalb Ave
28 Unit Block of Flats £4,970,574 (£177,521/Unit) 6.16% Net Initial Yield Brooklyn, NY 11221


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INVESTMENT HIGHLIGHTS
- Property is an IRS Section 42 LIHTC and is income and rent restricted
- Elevator in Apartment
- Currently under "421A" Tax Exemption which runs through June 30th 2033.
- Laundry Room and Super On Site
EXECUTIVE SUMMARY
DeKalb Senior Apartments is a single building located in
Brooklyn, New York. The building standing at six stories high and
totaling 21,240 square feet above ground with the basement
containing 3,540 SF which is partially finished. The building has 8
parking spaces in the rear of the building. The average unit size is
759SF. The property is an IRS Section 42 LIHTC and is income and
rent restricted. The property is currently under "421A" Tax
Exemption which runs through June 30th 2033.
Brooklyn, New York. The building standing at six stories high and
totaling 21,240 square feet above ground with the basement
containing 3,540 SF which is partially finished. The building has 8
parking spaces in the rear of the building. The average unit size is
759SF. The property is an IRS Section 42 LIHTC and is income and
rent restricted. The property is currently under "421A" Tax
Exemption which runs through June 30th 2033.
PROPERTY FACTS
Price | £4,970,574 | Building Class | B |
Price Per Unit | £177,521 | Lot Size | 0.16 AC |
Sale Type | Investment | Building Size | 21,240 SF |
Net Initial Yield | 6.16% | Average Occupancy | 100% |
No. Units | 28 | Number of Floors | 6 |
Property Type | Multifamily | Year Built | 2005 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Mid Rise |
Price | £4,970,574 |
Price Per Unit | £177,521 |
Sale Type | Investment |
Net Initial Yield | 6.16% |
No. Units | 28 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 0.16 AC |
Building Size | 21,240 SF |
Average Occupancy | 100% |
Number of Floors | 6 |
Year Built | 2005 |
Opportunity Zone |
Yes |
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Lift
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
---|---|---|---|
Studios | 11 | - | - |
1+1 | 17 | - | - |
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Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
Parcel Number | 03232-0074 | Improvements Assessment | £461,667 |
Land Assessment | £93,049 | Total Assessment | £554,716 |
PROPERTY TAXES
Parcel Number
03232-0074
Land Assessment
£93,049
Improvements Assessment
£461,667
Total Assessment
£554,716
ZONING
Zoning Code | R6 (Medium to High Density Multifamily-Senior Apartments with Commercial Opportunities) |
R6 (Medium to High Density Multifamily-Senior Apartments with Commercial Opportunities) |
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Dekalb Senior Residence | 1251 Dekalb Ave
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