MultiFamily Investment Opportunity at 350 Lenox Road
FOR SALE
$9,700,000
350 Lenox Road, Brooklyn, NY 11226
7.28%
CAP
Property Description
NOI
$706,000
Cap Rate
7.28%
- 7.29% CAP
- $98 PSF
- Elevator
Property Details
Asset Type
MultiFamily
Neighborhood
Flatbush
Submarket
Brooklyn
ZIP
11226
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$1,120,069
Debt Service Coverage Ratio (DSCR)
2.03x
Cap Rate
11.55%
Cash Flow (Annual)
$568,274
Cash-on-Cash Return
23.43%
Monthly Debt Service
$45,983
Annual Debt Service
$551,795
View on Map
Address
350 Lenox Road
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
