Brooklyn 4 Story 31-Unit Multifamily PreWar Walk-up Apartment Building
$5,500,000
1463 East 3rd Street, Brooklyn, NY 11230
For Sale
Multifamily
Mid High Rise
Active
Last Updated: 12/01/2025
5.7
Cap Rate
312,905
NOI
Details:
Cap Rate: 5.7%
NOI: $312,905
Building Size: 22,600 sqft
Lot Area: 8,000 sqft
Class: C
Units: 31
GRM: 9.88
Year Built: 1927
Price Per Sqft: $243
Price Per Unit: $177,419
Zoning: R5, OP
Floors: 4
Description:
Subject Property is a Four-story Mid-Rise Masonry PreWar Walk-up Apartment Building with 31 Apartments consisting of twenty-three (23) 1 Bedrooms, seven (7) 2 Bedrooms & one (1) 3 Bedroom Residential Apartments. 102 Rooms Total. Building Gross total floor area of 22,600 Square feet. The property was built in 1927 and is located in the Midwood/Flatbush Section of Brooklyn.
Documents:
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1-Lichtenstein_Offering_Memorandum-1463_E_3rd_Street__Brooklyn.pdf
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Location
Gallery