11,424 SF | 7.5% Cap Rate | Rent Stabilized | 456-460 Grant Ave | Portfolio Sale

456-460 Grant Ave Brooklyn, NY 11208

456-460 Grant Ave, Brooklyn, NY, 11208
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$1,599,000
Last Verified:
Oct 14, 2022


Description

Fully Rented
12 Unit
Multi Family Property
The building is in decent condition and has a strong cash flow.
100% occupied

Located in the East New York neighborhood of Brooklyn between Liberty Ave & McKinley Ave near the Grant Ave subway station.

Within two block radius of the A train, Q7, Q8, and B13 buses. Belt Parkway is a short drive and this property is located off of Liberty Ave which is a heavy retail traffic corridor.

Nearby tenants include Chase Bank, T-Mobile, Dunkin', Walgreens, Citibank, Subway, McDonald's, Exxon, Capital One, Wendy's, CubseSmart, and more!


Year Built: 1917
Building Size: 11424sq ft
Lot Size: 0 acres


Documents

Sale_Brochure

Map of 456-460 Grant Ave, Brooklyn, NY, 11208

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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