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224 Moffat St

6 Unit Block of Flats £708,086 (£118,014/Unit) 5.50% Net Initial Yield Brooklyn, NY 11207

Executive Summary

All six units are rent-stabilized, and the property is being sold in as-is condition with tenants in place no Access, CASH Offer only: no inspection or appraisal. DO NOT Disturb the tenants.No offer is considered accepted until the final contract is fully executed. Employees or directors of JPMorgan Chase NA and subsidiaries are prohibited directly or indirectly from purchasing any property owned or serviced by JPMorgan Chase NA. The offer will be emailed to nasrahaman@gmail.com with proof of funds and attorney information. Buying under an Entity, entity documents, authorized signer name and address, and EIN-IRS for the Entity to be sent prior to offer acceptance.

Property Facts

Price £708,086
Price Per Unit £118,014
Sale Type Investment
Net Initial Yield 5.50%
Sale Conditions Distress Sale
No. Units 6
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,875 SF
Number of Floors 3
Year Built 1911

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 6 - -
Walk Score ®
Very Walkable (80)
Transit Score ®
Rider's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03447-0030
Land Assessment
£7,089
Improvements Assessment
£357,301
Total Assessment
£364,390

zoning

Zoning Code M1-1 (Commercial/Residential)
M1-1 (Commercial/Residential)
  • Listing ID: 34226015

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 224 Moffat St, Brooklyn, NY 11207

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