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Multifamily

287 Midwood St

287 Midwood St, Brooklyn, NY 11225

Listing Price: $1,300,000

Number of Units
2
GRM
1,300,000.00
Occupancy
1.0%
Price/Unit
$650,000
Price/Gross SF
$684.21
Gross SF
1,900

Investment Overview

Marcus and Millichap is please to offer for sale on an exclusive basis 287 Midwood Street, Brooklyn, NY 11225 (Block & Lot: 5033-51).
Zoned R6,C2-3, the lot dimensions are 20.42 feet by 100 feet. The current two family is built 20 feet by 38 feet.
The subject property has an attic that contains one bedroom, living room , kitchen and a bathroom.
2nd floor : 2 bedroom, living room, kitchen and bathroom.
3rd floor: 2 bedroom, living room, kitchen and bathroom
This is an opportunity for an owner -user or investor to renovate the property to single or multifamily home where prices per square foot average about $1000 a square foot with high demand for finished product.

Investment Highlights

  • Value-add opportunity at Prospect-Lefferts Gardens, Brooklyn.
  • Minutes to Prospect Park and the 2 & 5 subway train stations.
  • Owner-user finished product averages about $1000 per square foot in this market.
  • Over 3000 square feet of additional usable square feet and a total of about 5,000 buildable square feet.

Exclusively Listed By

Financing By

Multifamily

287 Midwood St

Listing Price: $1,300,000

Number of Units
2
GRM
1,300,000.00
Occupancy
1.0%
Price/Unit
$650,000
Price/Gross SF
$684.21
Gross SF
1,900

Investment Highlights

  • Value-add opportunity at Prospect-Lefferts Gardens, Brooklyn.
  • Minutes to Prospect Park and the 2 & 5 subway train stations.
  • Owner-user finished product averages about $1000 per square foot in this market.
  • Over 3000 square feet of additional usable square feet and a total of about 5,000 buildable square feet.

Investment Overview

Marcus and Millichap is please to offer for sale on an exclusive basis 287 Midwood Street, Brooklyn, NY 11225 (Block & Lot: 5033-51). Zoned R6,C2-3, the lot dimensions are 20.42 feet by 100 feet. The current two family is built 20 feet by 38 feet. The subject property has an attic that contains one bedroom, living room , kitchen and a bathroom. 2nd floor : 2 bedroom, living room, kitchen and bathroom. 3rd floor: 2 bedroom, living room, kitchen and bathroom This is an opportunity for an owner -user or investor to renovate the property to single or multifamily home where prices per square foot average about $1000 a square foot with high demand for finished product.

Exclusively Listed By

Financing By

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