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MultiFamily Property with Commercial Overlay at 146 North 7th Street

MultiFamily Property with Commercial Overlay at 146 North 7th Street
FOR SALE

$4,300,000

146 North 7th Street, Brooklyn, NY 11249

2,850 SF

Square Feet

$1,509

PPSF

3

Units

1.0M

PPU

4.82%

CAP

Property Description

Units

3 — PPU: 1.0M

NOI

$207,188

Cap Rate

4.82%

  • 3 Units with Commercial Overlay
  • Excellent Value-add opportunity through mixed-use conversion
  • Building Dimensions: 19' x 25'

Property Details

Asset Type

MultiFamily

Zoning

R6A, C2-4

Lot Size

1,900 SF

Neighborhood

Williamsburg

Submarket

Brooklyn

ZIP

11249

Listing Type

sale

Net Operating Income (NOI)

$328,704

Debt Service Coverage Ratio (DSCR)

1.34x

Cap Rate

7.64%

Cash Flow (Annual)

$84,093

Cash-on-Cash Return

7.82%

Monthly Debt Service

$20,384

Annual Debt Service

$244,610

View on Map

Address

146 North 7th Street

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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Real Estate Broker

184 closed

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Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
Vincent Tomaselli

Vincent Tomaselli

Commercial Real Estate Agent

6 closed

Call

Send a Message

Michael (Mike) Salvatico

Michael (Mike) Salvatico

Real Estate Broker

184 closed

Call
Shaun Riney
Verified Badge

Shaun Riney

Senior Managing Director of Investments

378 closed

Call
Vincent Tomaselli

Vincent Tomaselli

Commercial Real Estate Agent

6 closed

Call