Building
| Type: | Low-rise |
|---|---|
| Era: | Post-war |
| Floors: | 4 |
Property
| Ownership: | Income Property |
|---|---|
| Rooms: | 44 |
| Bedrooms: | Studio |
| Bathrooms: | 1 |
FinancialsPrice: $1,795,000
| Price: | $1,795,000 |
|---|
DescriptionIdeal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play.
Rent Roll can be provided upon request and the building information is as follows:
Building Dimensions: 27 X 85
Lot Dimensions: 27 X 101.17
Zoning: R6
Amenities- Voice Intercom
- Walk-up
Neighborhood
Ideal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play.
Rent Roll can be provided upon request and the building information is as follows:
Building Dimensions: 27 X 85
Lot Dimensions: 27 X 101.17
Zoning: R6
- Voice Intercom
- Walk-up
Neighborhood
Ideal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
DescriptionIdeal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play.
Rent Roll can be provided upon request and the building information is as follows:
Building Dimensions: 27 X 85
Lot Dimensions: 27 X 101.17
Zoning: R6
Amenities- Voice Intercom
- Walk-up
Neighborhood
Ideal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play.
Rent Roll can be provided upon request and the building information is as follows:
Building Dimensions: 27 X 85
Lot Dimensions: 27 X 101.17
Zoning: R6
- Voice Intercom
- Walk-up
Neighborhood
RLS Data display by Nest Seekers LLC.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.