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376 95th St

6 Unit Block of Flats £946,011 (£157,668/Unit) Brooklyn, NY 11209

Investment Highlights

  • Fully Occupied
  • Easy Management
  • Newer Mechanical System
  • Turnkey Property
  • Cash Operating
  • Pristine Condition

Executive Summary

Exceptional Turnkey Investment Asset in Prime Bay Ridge Brooklyn. This cash flowing, meticulously maintained, multifamily building is comprised of 6 fully leased spacious apartments. Each sun filled unit features high ceilings, hardwood floors, generously sized bedroom, full bath and large eat-in kitchen. 3 of the 6 residential apartments have been renovated in recent years, including new appliances. Finished basement with separate entrance may be ideal for an on-site superintendent. The property is well positioned with easy access to all public transportation, parks, restaurants, artisan shops, cafés and markets. Unique opportunity for end-user or 1031 exchange.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income £81,861 £19.65
Other Income - -
Vacancy Loss - -
Effective Gross Income £81,861 £19.65
Taxes - -
Operating Expenses - -
Total Expenses £29,881 £7.17
Net Operating Income £51,979 £12.48

Financial Summary (Actual - 2024)

Gross Rental Income
Annual £81,861
Annual Per SF £19.65
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £81,861
Annual Per SF £19.65
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £29,881
Annual Per SF £7.17
Net Operating Income
Annual £51,979
Annual Per SF £12.48

Property Facts

Price £946,011
Price Per Unit £157,668
Sale Type Investment
Sale Conditions
1031 Exchange
  • Development Sale
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.04 AC
Building Size 4,165 SF
Average Occupancy 100%
Number of Floors 3
Year Built/Renovated 1929/2020

Unit Amenities

  • Heating
  • Bay Window
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Wooden Floors
  • Refrigerator
  • Oven
  • Range
  • Basement
  • Double Pane Windows
  • Linen Cupboard

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Property Manager on Site
  • Gas Range
  • Rubbish Collection - Kerbside
  • Storage Space
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 6 - -
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (89)
Bike Score ®
Very Bikeable (70)
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 Numbers
Multiple
  • 06117-0131
  • 06117-0031
Land Assessment
£16,687
Improvements Assessment
£635,824
Total Assessment
£652,511

zoning

Zoning Code R5B (Medium density district with a height limit of 40 feet)
R5B (Medium density district with a height limit of 40 feet)
  • Listing ID: 27910797

  • Date on Market: 07/03/2023

  • Last Updated:

  • Address: 376 95th St, Brooklyn, NY 11209

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