Newly Constructed MultiFamily at East 32nd Street in Brooklyn
$5,900,000
East 32nd Street
10,780 SF
Square Feet
$547
PPSF
16
Units
300.0K
PPU
Property Description
Units
16 — PPU: 300.0K
Two adjacent newly constructed multifamily buildings located at 762-764 E 32nd St, Brooklyn, NY 11210 in East Flatbush, Brooklyn.
The buildings are four stories and consist of 10,780 SF.
There is a total of 16 residential units, which includes 2 onebedrooms, 12 two-bedrooms, and 2 three-bedrooms.
421-A tax exemption in place through 2055.
Near Flatbush Avenue–Brooklyn College [2,5] Subway Station.
Close to major retailers including Target, Blink Fitness, and Key Food Supermarket.
Property Details
Zoning
R6A
Lot Size
4,000 SF
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$335,628
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$27,969
Annual Debt Service
$335,628
View on Map
Address
East 32nd Street
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Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
Contact the Listing Team
Sadya Liberow
Managing Partner | Investment Sales Division
32 closed
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Sadya Liberow
Managing Partner | Investment Sales Division
32 closed