For Sale
$8,750,000
1207 49Th StBrooklyn, NY 11219
43 Units, 100% Occupancy, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 123
Highlights
- Exceptional investment opportunity in desirable Brooklyn location.
- 43-unit multifamily building with 100% occupancy.
- $8,750,000 asking price, $203,488 per unit, $285.95 per square foot.
- Strong financials: $500,000 NOI and 5.71% cap rate.
- Well-maintained with recent roof and boiler replacements.
Property Details for 1207 49Th St
- Property type
- Apartment buildings
- Square Feet
- 30,600 SF
- Year Built
- 1923
- Buildings
- 1
- Stories
- 4
- Lot Size (sq. ft)
- 10,019 SF
- Units
- 43
Location Insight
- City
- Brooklyn
- County
- Kings
- State
- New York
- Latitude
- 40.6363777
- Longitude
- -73.9938929
1207 49Th St, Brooklyn, New York
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 43 Units, 100% Occupancy, High NOI
- Where is the apartment building located?
- The property is located at 1207 49Th St Brooklyn, NY.
- What is the asking price?
- The asking price for this property is $8,750,000.
- What are key features of this property?
- This property features: Exceptional investment opportunity in desirable Brooklyn location.; 43-unit multifamily building with 100% occupancy.; $8,750,000 asking price, $203,488 per unit, $285.95 per square foot.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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