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1355 E 18th St

88 Unit Block of Flats £11,243,250 (£127,764/Unit) 6.27% Net Initial Yield Brooklyn, NY 11230

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Executive Summary

The New York Multifamily team is pleased to offer 1355 East 18th Street, a 88-unit Multifamily Property at Midwood neighborhood for $14,250,000.

Property Facts

Price	£11,243,250	Property Subtype	Apartment
Price Per Unit	£127,764	Apartment Style	Mid Rise
Sale Type	Investment	Building Class	C
Net Initial Yield	6.27%	Lot Size	0.41 AC
Gross Rent Multiplier	7.72	Building Size	103,487 SF
No. Units	88	Number of Floors	6
Property Type	Residential	Year Built	1961

Price	£11,243,250
Price Per Unit	£127,764
Sale Type	Investment
Net Initial Yield	6.27%
Gross Rent Multiplier	7.72
No. Units	88
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	C
Lot Size	0.41 AC
Building Size	103,487 SF
Number of Floors	6
Year Built	1961