238 26th St
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238 26th St
7 Unit Block of Flats £1,525,778 (£217,968/Unit) 5% Net Initial Yield Brooklyn, NY 11232
Investment Highlights
- Great location in Greenwood Heights.
- Just a few minutes walk to Greenwood Cemetery and Sunset Park.
- Private backyard space.
- Close to public transportation.
- Close to subway on 25th St (MTA), bus stops on 4th/ 5th Ave.
Executive Summary
238 26th Street, Greenwood Heights.
Investors delight!
Rent stabilized, fully occupied and producing rental income.
This 6-unit property sits in prime Greenwood Heights just minutes away from South Slope! Greenwood is not only Historic but also the highest point in Brooklyn. Truly a picturesque neighborhood retaining its charm while offering convenient transportation, shopping, restaurants and greenspace.
238 26th street sits on a 20 wide x 100 deep lot, the building size is 25 wide x 50 deep
This well-maintained building has 5,000 interior square feet.
Inside are 6 individual apartments over 3 floors. Two apartments per floor, each with a smart layout all are convertible two bedrooms and plenty of natural light.
Apartments 1R & 1L have access to private outdoor space.
Rent roll & Expenses upon request.
Investors delight!
Rent stabilized, fully occupied and producing rental income.
This 6-unit property sits in prime Greenwood Heights just minutes away from South Slope! Greenwood is not only Historic but also the highest point in Brooklyn. Truly a picturesque neighborhood retaining its charm while offering convenient transportation, shopping, restaurants and greenspace.
238 26th street sits on a 20 wide x 100 deep lot, the building size is 25 wide x 50 deep
This well-maintained building has 5,000 interior square feet.
Inside are 6 individual apartments over 3 floors. Two apartments per floor, each with a smart layout all are convertible two bedrooms and plenty of natural light.
Apartments 1R & 1L have access to private outdoor space.
Rent roll & Expenses upon request.
Property Facts
| Price | £1,525,778 | Apartment Style | Low Rise |
| Price Per Unit | £217,968 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Net Initial Yield | 5% | Building Size | 5,000 SF |
| Sale Conditions | 1031 Exchange | Number of Floors | 3 |
| No. Units | 7 | Year Built | 1955 |
| Property Type | Residential | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | £1,525,778 |
| Price Per Unit | £217,968 |
| Sale Type | Investment |
| Net Initial Yield | 5% |
| Sale Conditions | 1031 Exchange |
| No. Units | 7 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,000 SF |
| Number of Floors | 3 |
| Year Built | 1955 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Kitchen
- Wooden Floors
- Tub/Shower
Site Amenities
- Courtyard
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 800 - 900 |
| Studios | 1 | - | 500 |
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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Rider's Paradise (100)
PROPERTY TAXES
| Parcel Number | 00658-0026 | Improvements Assessment | £384,144 |
| Land Assessment | £3,873 | Total Assessment | £388,017 |
PROPERTY TAXES
Parcel Number
00658-0026
Land Assessment
£3,873
Improvements Assessment
£384,144
Total Assessment
£388,017
zoning
| Zoning Code | R6 (R6 - Medium density residential district) |
| R6 (R6 - Medium density residential district) |
-
Alexandra Gupta -
Corcoran Group
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238 26th St
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