Mixed-use Property at 1797 Prospect Place Brooklyn
FOR SALE
$2,250,000
1797 Prospect Place, Brooklyn, NY 11233
5,232 SF
Square Feet
$430
PPSF
5
Units
400.0K
PPU
8.55%
CAP
Property Description
Units
5 — PPU: 400.0K
NOI
$192,396
Cap Rate
8.55%
- 5 Over 1 Mixed use
- High Cap Rate
Property Details
Asset Type
Mixed-use
Zoning
R6
Lot Size
1,887 SF
Neighborhood
Ocean Hill
Submarket
Brooklyn
ZIP
11233
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$305,236
Debt Service Coverage Ratio (DSCR)
2.38x
Cap Rate
13.57%
Cash Flow (Annual)
$177,242
Cash-on-Cash Return
31.51%
Monthly Debt Service
$10,666
Annual Debt Service
$127,994
View on Map
Address
1797 Prospect Place
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Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale
No investors found in this market.
