MultiFamily Property at 271 Martense Street in Brooklyn
$3,500,000
271 Martense Street, Brooklyn, NY 11226
7,674 SF
Square Feet
$456
PPSF
8
Units
400.0K
PPU
Property Description
Units
8 — PPU: 400.0K
Asset CRG Advisors is pleased to present a modern multifamily investment opportunity in the Flatbush neighborhood of Brooklyn. This recently completed 8-unit building blends quality construction with reliable cash flow, supported by 100% free-market tenancies. Designed for long-term durability, the property offers a contemporary living experience that appeals to the area’s strong rental demand. Located in a well-established residential corridor, the asset provides convenient access to the Church Avenue [2,5] Subway Station and major bus routes, ensuring excellent connectivity throughout Brooklyn and Manhattan. The surrounding area continues to experience steady growth, with national retailers, dining options, and community amenities contributing to its enduring investment stability.
Property Details
Asset Type
MultiFamily
Zoning
R6, C1-3
Lot Size
2,548 SF
Neighborhood
Flatbush
Submarket
Brooklyn
ZIP
11226
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$199,101
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$16,592
Annual Debt Service
$199,101
View on Map
Address
271 Martense Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
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