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Brooklyn Value-Add Multifamily

$5,750,000

1710 Newkirk Avenue, Brooklyn, NY 11226

Active
Last Updated: 11/22/2025

9

Cap Rate

19

Units

Details:
Cap Rate:    9%
Units:    19
Year Built:    2009
Price Per Sqft:    $334
Highlights:
  • 19 Apartments w/ underground parking garage
  • Newly expired 421a Tax Abatement (2024)
  • Build in 2009
  • First sale by original developer
  • Value-add potential due below market rate rents
  • Prime location at Ditmas Park
Map:
Location
Gallery