7.7 Cap - 33 Units - Brooklyn
FOR SALE
$8,150,000
555 Gates Avenue, Brooklyn, NY 11221
19,308 SF
Square Feet
$422
PPSF
7.70%
CAP
Property Description
NOI
$627,877
Cap Rate
7.70%
- 33 unit mixed use
- 7.4% cap rate in place
Property Details
Asset Type
Mixed-use
Neighborhood
Stuyvesant Heights
Submarket
Brooklyn
ZIP
11221
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$996,127
Debt Service Coverage Ratio (DSCR)
2.15x
Cap Rate
12.22%
Cash Flow (Annual)
$532,505
Cash-on-Cash Return
26.14%
Monthly Debt Service
$38,635
Annual Debt Service
$463,622
View on Map
Address
555 Gates Avenue
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Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale
No investors found in this market.
