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814 Prospect Pl, Brooklyn, NY, 11216

814 Prospect Pl
$3,900,000

Key Information

Cap Rate
7.5%
Tot. SF
6,540
Units
8
Year Built
R 2018
Type
Apartments

Highlights

  • Renovated & Turnkey: The entire building was fully renovated in 2018 and meticulously maintained since.
  • Fully Free Market: The building was destabilized via substantial rehabilitation in 2018 (supporting paperwork available upon request).
  • Tax Protected: Classified tax class 2B, limiting real estate tax increases to a max of 8% per year and 30% over five years.
  • Highly Efficient: Separate utilities, new appliances, and efficient unit layouts translate to low expenses and minimal maintenance.
  • Well-Located: Within blocks of countless café and restaurant options on Nostrand, Bedford, & Franklin Avenues.
  • Transportation Accessibility: Within blocks of the 2, 3, 4, 5, & S trains, with access to Downtown Brooklyn and the Financial District
    within 15 minutes.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203