520 Union Ave | Brooklyn, NY 11211
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- LoopNet Team
520 Union Ave
Brooklyn, NY 11211
Build-to-Rent Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Five apartments, exempt from rent regulation
- Tax Class Protected- Low expense ratio with an annual tax bill of just $18,720
- Within a couple of blocks from establishments such as Lillia, Talea Beer Company, Nami Nori, Bernie’s, and The William Vale
- Attractive 5.5% cap rate
- Three blocks south of McCarren Park
PROPERTY FACTS
| No. Units | 5 | Total Plot Size | 0.04 ac |
| Property Type | Build-to-Rent | Property Size | 5,300 sq ft |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1928/2012 |
| Costar Property Class | C | ||
| Use Class | M1-2/R6A, MX-8 - Multifamily walk-up apartment buildings, five to six family | ||
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.04 ac |
| Property Size | 5,300 sq ft |
| No. Floors | 3 |
| Year Built/Renovated | 1928/2012 |
| Use Class | M1-2/R6A, MX-8 - Multifamily walk-up apartment buildings, five to six family |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Patio
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 5+3 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 02741-0001 | Improvements Assessment | £758,266 |
| Land Assessment | £3,332 | Total Assessment | £761,598 |
PROPERTY TAXES
Parcel Number
02741-0001
Land Assessment
£3,332
Improvements Assessment
£758,266
Total Assessment
£761,598
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