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For Sale | 382 Kosciuszko Street

$1,950,000

382 Kosciuszko Street, Brooklyn, NY 11221

Active
Last Updated: 11/06/2024

6.17

Cap Rate

120,279

NOI

Details:
Cap Rate:    6.17%
NOI:    $120,279
Building Size:    2,858 sqft
Zoning:    R6B
Highlights:
  • Fully Free-Market: The property is fully free market, allowing future ownership to capitalize on neighborhood improvement.
  • Available Air Rights: There are roughly 1,150 SF of unused air rights for future expansion, development, or disposition.
  • Protected Tax Class: 2A Tax Class limits tax increase to no more than 8% a year or 30% over 5 years
  • Transportation Accessibility: Within 6-8 blocks from J, M, Z trains at Myrtle Ave and Kosciuszko Street, as well as G train at Bedford/Nostrand stop.
  • Highly Efficient: Manageably sized units attract student and professionals alike, while keeping operating costs low.
  • Low Maintenance: Building has been fully renovated and maintained, with no need for short term capital improvements.
Map:
Documents:
Title
Offering Memorandum
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Location
Gallery