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Homes for sale in Brooklyn
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.

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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