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MultiFamily Property at 32 Fifth Avenue in Brooklyn

MultiFamily Property at 32 Fifth Avenue in Brooklyn
FOR SALE
View more

$8,300,000

32 Fifth Avenue, Brooklyn, NY 11217

6,063 SF

Square Feet

$1,369

PPSF

5.53%

CAP

Property Description

NOI

$458,990

Cap Rate

5.53%

The New York Multifamily team is pleased to offer 32 5th Ave, a 7-unit Multifamily Property in the Park Slope neighborhood, for $8,300,000


Property Details

Asset Type

MultiFamily

Year Built

1920

Zoning

R6A

Neighborhood

Park Slope

Submarket

Brooklyn

ZIP

11217

Listing Type

sale

Net Operating Income (NOI)

$728,187

Debt Service Coverage Ratio (DSCR)

1.54x

Cap Rate

8.77%

Cash Flow (Annual)

$256,033

Cash-on-Cash Return

12.34%

Monthly Debt Service

$39,346

Annual Debt Service

$472,155

View on Map

Address

32 Fifth Avenue

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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Mark Zarrella

Mark Zarrella

Real Estate Agent

38 closed

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Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

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Send a Message

Mark Zarrella

Mark Zarrella

Real Estate Agent

38 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call