Multifamily Property Listed at 260 Cornelia Street Brooklyn
FOR SALE
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$2,695,000
260 Cornelia Street, Brooklyn, NY 11221
5,025 SF
Square Feet
$536
PPSF
6
Units
400.0K
PPU
6.09%
CAP
Property Description
Units
6 — PPU: 400.0K
NOI
$164,235
Cap Rate
6.09%
- 6 Unit Multifamily
- 100% FM
Property Details
Asset Type
MultiFamily
Zoning
R6
Lot Size
2,500 SF
Neighborhood
Bushwick
Submarket
Brooklyn
ZIP
11221
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$260,558
Debt Service Coverage Ratio (DSCR)
1.70x
Cap Rate
9.67%
Cash Flow (Annual)
$107,250
Cash-on-Cash Return
15.92%
Monthly Debt Service
$12,776
Annual Debt Service
$153,308
View on Map
Address
260 Cornelia Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
