287 Prospect Avenue

    BROOKLYN, NY 11215
    • $24,500,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 432300
    UPDATED: 39 min ago
    $24,500,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 52,000
      SQFT
    • $471
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    The sale of an 8-story, elevator apartment building with 110' of frontage along Prospect Avenue. This building benefits by being located just one block in each direction of 5th Avenue and 7th Avenue, the areas 2 largest retail corridors, just 1.5 blocks away from the R subway line at 4th Avenue and Prospect Park Avenue, and 3 blocks to the F and G subway lines at 15th Street and Prospect Park. All 52 units are rent stabilized. The gross scheduled revenue for 2019 is $1,400,000. The building was completed in 1998 and has been meticulously maintained throughout the years. The benefits of the 421a run through 2025. In addition, there is a parking lot for 29 cars and an onsite laundry facility, which generate additional income for the property. Please contact us for more information and to receive a confidentiality agreement in order to review the full package

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    © 2019 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2019-10-19T09:00:17.583.
    www.remaxedgeny.com/homes/97640260

    287 Prospect Avenue BROOKLYN, NY 11215

    • Price: $24,500,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 432300
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    52,000
    SQFT
    $471
    $/SQFT
    Neighborhood:
    Brooklyn
    County:
    Kings (Brooklyn)
    Area:
    Park Slope
    Property Description
    The sale of an 8-story, elevator apartment building with 110' of frontage along Prospect Avenue. This building benefits by being located just one block in each direction of 5th Avenue and 7th Avenue, the areas 2 largest retail corridors, just 1.5 blocks away from the R subway line at 4th Avenue and Prospect Park Avenue, and 3 blocks to the F and G subway lines at 15th Street and Prospect Park. All 52 units are rent stabilized. The gross scheduled revenue for 2019 is $1,400,000. The building was completed in 1998 and has been meticulously maintained throughout the years. The benefits of the 421a run through 2025. In addition, there is a parking lot for 29 cars and an onsite laundry facility, which generate additional income for the property. Please contact us for more information and to receive a confidentiality agreement in order to review the full package
    Exterior Features

    Commercial Features Exterior None Construction Materials Brick Exterior Brick Loading Docks None Lot Size Length 190 Lot Size Width 110 Roof Asphalt/Tar

    Interior Features

    Basement Amenities FullNone Ceiling Height 8-10 Foot Commercial Features Interior Elevator €€Œ Public Equipment Included None Foundation Details Poured Concrete Heat Delivery Hot Water Lavatories None Walls Sheet Rock

    Property Features

    ACUnits 0 Commercial Condo 0 Construction Type Detached Cross Street Name Fifth Avenue & Sixth Avenue Current Use Multi-Family 5+ Electric Circuit Breakers Financing Bank MortgageCash Fuel Expense 72402.00 Heating Fuel Gas Lot Size Irregular YN 0 Miscellaneous Expense 13991.00 Number Of Stores 8 Potential Use Multi-Family 5+Other Property Sub Type Commercial Property Type Commercial Tax Amount 25216.00 Transaction Type Sale Zoning R6b

    Listing information © 2019 Brooklyn New York Multiple Listing Service, Inc.
    Listing provided courtesy of Madison Estate Downtown Ltd..


    © 2019 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Edge. Data last updated: 2019-10-19T09:00:17.583.
     
    RE/MAX Edge
    1812 Bath Ave
    Brooklyn NY, 11214