$ 3,750,000
Building For Sale
Property Type
Active
Status
32
Rooms
9,000/836
ASF/ASM
$ 7,668
Real Estate Taxes
[Per Annum]
Building Details
Rental Property
Ownership
Townhouse
Building Type
Voice Intercom
Service Level
Walk-up
Access
1235/20
Block/Lot
1905
Year Built
4/8
Floors/Apts
Description
Inquire for setup sheet and interior photos.
Prime Crown Heights investment opportunity offering an eight-unit multi-family building with six free-market apartments. Spacious 2 bedroom layouts exceeding 1,000 SF and a private backyard, situated on a quiet residential block by Prospect Park and the Brooklyn Botanical Garden.
914 Prospect Pl. Overview:
914-916 Prospect Place are 2 separate buildings with a shared basement and utilities, must be sold as combined multi-parcel sale. Combined asking price: $7,500,000.
Prime Crown Heights investment opportunity offering an eight-unit multi-family building with six free-market apartments. Spacious 2 bedroom layouts exceeding 1,000 SF and a private backyard, situated on a quiet residential block by Prospect Park and the Brooklyn Botanical Garden.
914 Prospect Pl. Overview:
- Annual Income: $207,951 (super occupies 1 free-market unit)
- Annual Operating Expenses: $43,738
- Net Operating Income (NOI): $164,214
- Cap Rate: 4.38%
- Total Units: 8 residential
- Unit Mix: 6 free-market / 2 rent-stabilized
- Building Size: 9,000 SF (max buildable 12,441 SF)
- Building Dimensions: 25' x 98'
- Lot Dimensions: 25' x 127.5'
914-916 Prospect Place are 2 separate buildings with a shared basement and utilities, must be sold as combined multi-parcel sale. Combined asking price: $7,500,000.
Inquire for setup sheet and interior photos.
Prime Crown Heights investment opportunity offering an eight-unit multi-family building with six free-market apartments. Spacious 2 bedroom layouts exceeding 1,000 SF and a private backyard, situated on a quiet residential block by Prospect Park and the Brooklyn Botanical Garden.
914 Prospect Pl. Overview:
914-916 Prospect Place are 2 separate buildings with a shared basement and utilities, must be sold as combined multi-parcel sale. Combined asking price: $7,500,000.
Prime Crown Heights investment opportunity offering an eight-unit multi-family building with six free-market apartments. Spacious 2 bedroom layouts exceeding 1,000 SF and a private backyard, situated on a quiet residential block by Prospect Park and the Brooklyn Botanical Garden.
914 Prospect Pl. Overview:
- Annual Income: $207,951 (super occupies 1 free-market unit)
- Annual Operating Expenses: $43,738
- Net Operating Income (NOI): $164,214
- Cap Rate: 4.38%
- Total Units: 8 residential
- Unit Mix: 6 free-market / 2 rent-stabilized
- Building Size: 9,000 SF (max buildable 12,441 SF)
- Building Dimensions: 25' x 98'
- Lot Dimensions: 25' x 127.5'
914-916 Prospect Place are 2 separate buildings with a shared basement and utilities, must be sold as combined multi-parcel sale. Combined asking price: $7,500,000.
Listing Courtesy of The Corcoran Group
Features
A/C
Contact
Charles Mazalatis
License
Licensed As: Charles Mazalatis
President & Licensed Real Estate Broker
Mortgage Calculator
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Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
Listing ID: 110731TH
