Legion St Portfolio
$3,500,000
361, 365, 367 Legion Street, Brooklyn, NY 11212
6.6
Cap Rate
231,007
NOI
Details:
Description:
361-367 Legion Street is a 3 building portfolio in the Brownsville section of Brooklyn. The portfolio is comprised of 12 units across 9594 SF with an additional 7,786 sf of buildable air rights for future development. The Portfolio has gone through many upgrades and is very well maintained. The Building has very stable income with a mix of program tenants and free market tenants all paying market rents.
Location Overview: Brownsville is a residential neighborhood located in eastern Brooklyn in New York City. The neighborhood is generally bordered by Crown Heights to the northwest; Bedford–Stuyvesant and Cypress Hills to the north; East New York to the east; Canarsie to the south; and East Flatbush to the west The closest transportation is the Saratoga 2,3,and 4 trains only a 4 minute walk away.
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