238 10th St - 238 10th Street 4 Unit Apartment Building Offered at £2,504,832 at a 3.63% Net Initial Yield in Brooklyn, NY 11215
INVESTMENT HIGHLIGHTS
- Building Redeveloped in 2002
- Separate Heating Units
- Half Block to "F" "R" "G" Subway Lines
- Low Average Apartment Rent
- Tax Class 2A
EXECUTIVE SUMMARY
Building Redeveloped in 2002
Low Average Apartment Rent
Separate Heating Units
Tax Class 2A
Half Block to "F" "R" "G" Subway Lines
Low Average Apartment Rent
Separate Heating Units
Tax Class 2A
Half Block to "F" "R" "G" Subway Lines
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
| Price | £2,504,832 |
| Price Per Unit | £626,208 |
| Sale Type | Investment |
| Net Initial Yield | 3.63% |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.08 AC |
| Building Size | 3,600 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1901/2002 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | 800 - 825 |
1 of 1
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 01015-0019 | Improvements Assessment | £316,923 |
| Land Assessment | £148,246 | Total Assessment | £465,169 |
ZONING
| Zoning Code | R6B |
