405 Rockaway Parkway, Brooklyn, NY 11212
Large Multi-Family Apartment Building

Large Multi-Family Apartment Building

405 Rockaway Parkway, Brooklyn, NY

$4,000,000

HIGHLIGHTS
  • 7,000 Sq.Ft. Lot
  • 24,820 Sq.Ft. Living
  • 1920 Year Built
  • For Sale Status

property detail

We are pleased to offer this large multi-family, rent stabilized, residential walk-up building located in the Brownsville section of Brooklyn, NY.  Built in 1920, this 4-story, 31-unit residential apartment building is defined by 24,820 total square feet.  There are (26) 1 bed / 1 bath units, and (5) 2 bed / 1 bath units generate in excess of $537,000 per annum.  Four (4) units are vacant and will be delivered vacant at closing.  The property is zoned “R6” (residential) and is considered to be in overall average condition. The roof was completely redone 2015 and has be recoated since.  The boiler is only 6-years-old.  The improvement occupies a regularly shaped corner tax lot with 70' feet of frontage on the northerly side of Willmohr Street and 100' feet of frontage along the easterly side of Rockaway Parkway, indicating a lot size of 7,000 square feet, or 0.16 acres. Located in the Borough of Brooklyn in the City and State of New York, this property is identified on the Tax Maps of Kings County as Block 4672, Lot 37.

transportation

This property is located just 0.3 miles or a 6 minute walk to the Saratoga Ave./Riverdale Ave. transit stop for the 2,3,4 trains.  The B7 bus route is only .1 miles away on the corner of Rockaway Parkway and Lenox Ave..

DISCLOSURE

All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information is subject to errors and omissions. The subject property may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.

 

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Features and Amenities

Area & Lot

  • Status For Sale
  • Living Area24,820 Sq.Ft.
  • Lot Area7,000 Sq.Ft.
  • YEAR BUILT1920

Exterior

  • STORIES4

Financial

  • Sales Price$4,000,000
  • Real Estate Tax $76,388/yr

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Marc Yaverbaum

Marc Yaverbaum

Vice President, Broker
Phone

347-273-1258


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