884 JEFFERSON AVE

884 Jefferson Avenue, Brooklyn, NY 11221
$2,950,000

Cap Rate
6.02%
Price Per SF
$624
Price Per Unit
$491,667
Units
6
NOI
$267,600
Property Type
Apartments

INVESTMENT HIGHLIGHTS

  • Gut renovated, 100% free market 3-story walk-up building with 6 units
  • Tax class 2A protects the underlying taxes from increasing significantly
  • Large modern unit layouts that include four (4) 4-bedroom units and two (2) 3-bedroom units
  • Units feature high-end appliances, split heating & cooling system with individual hot water boiler, and high ceilings
  • 2½ blocks to the J train, providing direct access to Williamsburg and Manhattan

Broker of Record

  • Cory Rosenthal
  • License No. 10991237833 (NY)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203