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447-449 Keap St

5 Unit Block of Flats £5,205,743 (£1,041,149/Unit) 6.30% Net Initial Yield Brooklyn, NY 11211

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Executive Summary

100% Free-Market. Above 6% Cap Rate in Place. Gut Renovated. A+ location next to L and G train in Prime Williamsburg. Protected Tax Class.

Property Facts

Price	£5,205,743	Apartment Style	Low Rise
Price Per Unit	£1,041,149	Building Class	C
Sale Type	Investment	Lot Size	0.09 AC
Net Initial Yield	6.30%	Building Size	7,410 SF
Gross Rent Multiplier	13.4	Number of Floors	3
No. Units	5	Year Built	1910
Property Type	Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Apartment

Price	£5,205,743
Price Per Unit	£1,041,149
Sale Type	Investment
Net Initial Yield	6.30%
Gross Rent Multiplier	13.4
No. Units	5
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.09 AC
Building Size	7,410 SF
Number of Floors	3
Year Built	1910
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

Heating

Kitchen

Oven

Tub/Shower

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
1+1	1	-	-
2+1	1	-	-
3+1.5	1	-	-
4+2	2	-	-

1 of 1

Walk Score ®

Walker's Paradise (99)

Transit Score ®

Rider's Paradise (100)

Bike Score ®

Biker's Paradise (91)

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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	02374-0023	Improvements Assessment	£717,383
Land Assessment	£226,504	Total Assessment	£943,887

PROPERTY TAXES

Parcel Number

02374-0023

Land Assessment

£226,504

Improvements Assessment

£717,383

Total Assessment

£943,887

zoning

Zoning Code	M1-2/R6A/MX8 (M1 districts include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.)
M1-2/R6A/MX8 (M1 districts include light industrial uses, such as woodworking shops, repair shops, and wholesale service and storage facilities.)