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Brooklyn Corner 4-Story Elevator Building with 29 Residential Units + Retail Grocery Store,

$7,000,000

2113 Avenue V, Brooklyn, NY 11229

Active
Last Updated: 08/01/2025

5.84

Cap Rate

409,086

NOI

Details:
Cap Rate:    5.84%
NOI:    $409,086
Building Size:    46,200 sqft
Lot Area:    9,250 sqft
Occupancy:    100%
Units:    30
Year Built:    1939
Price Per Sqft:    $151,515
Price Per Unit:    $233,333
Floors:    4
Opportunity Zone:    Yes
Freight Elevator:    No
Number of Elevators:    1
Highlights:
  • Stable income, high tenant retention, and strong rental demand.
  • Easy access to public transportation, local amenities, and major thoroughfares.
Description:

The building at 2113 Avenue V is a lovely, clean, sun-drenched, bright, cheery, valuable, and desirable corner 4-story elevator building consisting of 29 rent-stabilized residential units and a 500 sf Grocery Store. The building was recently upgraded, is fully occupied, and well-maintained. The building offers stable income, high tenant retention, and strong rental demand. Situated in the Sheepshead Bay neighborhood, it offers easy access to public transportation, local amenities, and major thoroughfares.

Layout: 24 x 1 Bedrooms (3 rooms), 5 x 2 Bedrooms (4 rooms).
Total: 29 Apartments containing 92 rooms.
500 sf Retail Grocery Store.

Map:
Documents:
Title
1-Lichtenstein-_4_Story_Elevator_Building_29_Residential_Units___A_Daycare_Facility-_2113_Ave_V_Brooklyn.pdf
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Location
Gallery