Cash Flowing Multi Family building Ditmas Park
$2,250,000
614 Marlborough Road, Brooklyn, NY 11226
For Sale
Multifamily
Mid High Rise
Active
Last Updated: 04/28/2025
5.83
Cap Rate
131,138
NOI
Details:
Cap Rate: 5.83%
NOI: $131,138
: 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
: 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:
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Offering Memorandum
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Location
Gallery
