Homes for sale in Brooklyn
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Multi Family
44 S OXFORD Street
Brooklyn, NY 11217
$6,750,000
- Beds
- 9
- Baths
- 10
- Sq ft
- 6,141
- Year built
- 1930
Listing courtesy of Amar Jehs, Corcoran Group
About this home
Inquire for setup sheet and interior photos
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Prime Fort Greene investment opportunity offering a 10-unit multi-family brick building with all ten apartments free-market, located on a beautiful residential block perpendicular to Fort Greene Park. Building includes private backyard for garden unit, decorative fireplaces, plus shared gym and laundry room.
Overview:
- Annual Income: $400,200
- Annual Operating Expenses: $54,127
- Net Operating Income (NOI): $346,073
- Cap Rate: 5.13%
- Total Units: 10 residential
- Unit Mix: 10 free-market / 0 rent-stabilized
- Building Size: 6,141 SF
- Building Dimensions: 22' x 55'
- Lot Dimensions: 22' x 100'
- Amenities: Laundry Room & Gym
- Heating/Cooling: Individual split units per apartment
With 100% free-market apartments, the property offers an attractive opportunity for investors seeking long-term income growth.
Located in the heart of Fort Greene, the property benefits from proximity to Fort Greene Park, Downtown Brooklyn, BAM, Barclays Center, and the neighborhood's celebrated restaurants, shopping, and cultural institutions. An opportunity to acquire a fully free-market multi-family asset in one of Brooklyn's most desirable residential neighborhoods.
Details
Property
- Type
- Multi Family
- Year built
- 1930
- Stories
- 5
- Subdivision
- Fort Greene
- County
- Kings
- View
- Other
Interior
- Cooling
- Other
- Laundry
- In Unit
- Features
- Smoke Free
Exterior and parking
- Exterior
- Garden, Private Outdoor Space Over60 Sqft
- Patio and porch
- None
- Pool
- Building None
Community and fees
- Pets
- Building Yes, No
- Annual taxes
- $34,656
Neighborhood
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