Cash Flowing Multi Family building Ditmas Park

614 Marlborough Road, Brooklyn, NY

$2,250,000

Price

5.83%

Cap Rate

$131,138

NOI

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Street
Map
Overview
Cap Rate
5.83%
NOI
$131,138
Building Size
5,750 sqft
Lot Area
2,000 sqft
Occupancy
100%
Units
8
Year Built
1931
Price Per Sqft
$391.30
Price Per Unit
$281,250
Zoning
R6A
Floors
4
Year Last Renovated
2015
Description

Goldcap Real Estate Advisors is pleased to announce we have been retained to exclusively represent the sale of 614 Marlborough RD in the Ditmas Park section of Flatbush in Brooklyn, NY. Currently, it is a 5,750 SF 4-story walk-up building consisting of 8 apartments. The building was renovated in 2015 with luxury finishes and now has a gross income of $180,000. The property is being offered at close to a 6% cap rate, with an asking price of $2,250,000. Heshie Goldfein, president of Goldcap will be handling the assignment.

Documents
Title
Offering Memorandum
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Location
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