Brooklyn Value-Add Multifamily
$6,000,000
1710 Newkirk Avenue, Brooklyn, NY 11226
For Sale
Multifamily
Unknown Sub Type
Active
Last Updated: 06/24/2025
8.7
Cap Rate
19
Units
Details:
Cap Rate: 8.7%
Units: 19
Year Built: 2009
Price Per Sqft: $349
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
Location
Gallery
