Mixed-Use Portfolio Sale 11% CAP proforma! | East New York & Flatbush
3324 Tilden Ave
Brooklyn, NY 11203
Description
Amazing opportunity for seasoned investors and/or new entrepreneurs!
This portfolio consists of 12 apartments | 4 stores | 1 parking garage.
All are located close to each other in East Flatbush and East NY.
3324 Tilden Ave
Number of Units: 5 apartments + store + garage
Building Size: 4,550 SF
Lot Size: 1,868 SF
Zoning: R4
FAR: 0.75
101 Belmont Ave
Number of Units: 2 apartments + store
Building Size: 3,000 SF
Lot Size: 1,000 SF
Zoning: R6, C1-3 overlay
FAR: 2.0
296 Legion St
Number of Units: 3 apartments + store + garage
Building Size: 5,400 SF
Lot Size: 2,000 SF
Zoning: R6, C2-3 overlay
FAR: 2.0
85 Dumont Ave
Number of Units: 2 apartments + store
Building Size: 1,344 SF
Lot Size: 776
Zoning: R6, C1-3 overlay
FAR: 2.0
East New York consists of mixed properties but primarily semi-detached homes, two-to-four-family houses, and multi-unit apartment buildings, including condominiums and co-ops. The total land area is one square mile. The area is also home to the East Brooklyn Industrial Park
Flatbush is a neighborhood in Brooklyn New York with a population of 94,330 and is one of the best places to live in New York. Living in Flatbush offers residents a dense urban feel and most residents rent their homes. In Flatbush, there are a lot of bars, restaurants, coffee shops, and parks. Many families and young professionals live in Flatbush and residents tend to be liberal. The public schools in Flatbush are above average.
