287-299 McGuinness Boulevard

287-299 McGuinness Boulevard, Brooklyn, NY

$16,000,000

Price

7.79%

Cap Rate

$1,245,975

NOI

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Overview
Cap Rate
7.79%
NOI
$1,245,975
Combined Building Size
31,023 sqft
Combined Lot Area
7,000 sqft
Units
30
Average Room Size
516 sqft
Price Per Unit
$533,333
Zoning
R6A
Highlights
  • 3 adjacent walk-up buildings with 10 units each
  • Unit mix ranges from two (2) to six (6) bedrooms
  • 421a tax abatement expires in 2027
  • Each unit contains a washer/dryer
  • Tax class 2B
  • Conveniently surrounded by local eateries, nightlife, parks and easy access to other boroughs
  • Located just 1.5 blocks from the Greenpoint Av G train station
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