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4-Story Building | 6 Apartments | 4,860 SF

$2,850,000

731East 32nd Street, Brooklyn, NY 11210

Active
Last Updated: 06/24/2026

6.9

Cap Rate

195,488

NOI

Details:
Cap Rate:    6.9%
NOI:    $195,488
Building Size:    4,860 sqft
Units:    6
GRM:    13.2
Year Built:    2021
Price Per Sqft:    $586
Zoning:    R6
Highlights:
  • Newly developed walk-up building with a total of 6 luxury residential units
  • The building is 65’ deep, offering spacious unit layouts with high ceilings
  • New 35-year Affordable NY Tax Abatement 70% Free-Market/30% Affordable
  • The property is located in the Flatbush section of Brooklyn, near shopping, dining and entertainment options
  • Within walking distance to the Flatbush Avenue Station (2 train)
Map:
Documents:
Title
Executive Summary
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Location
Gallery