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Multifamily

608 Marlborough Road

608 Marlborough Rd, Brooklyn, NY 11226

Listing Price: $1,650,000

Cap Rate
6.03%
Number of Units
8
GRM
0.11
Price/Unit
$206,250
Price/Gross SF
$343.75
Gross SF
4,800

Investment Overview

Marcus & Millichap has been chosen to exclusively represent ownership in the sale of 608 Marlborough Road, a four-story apartment building comprised of eight one-bedroom apartments. The property is located on Marlborough Road between Newkirk Avenue & Foster Avenue in the Ditmas Park neighborhood of Brooklyn.

The subject property was built in 1931 and measures an irregular 38 feet wide by 45 feet deep, on an irregular lot that extends 42 feet wide by 100 feet deep. The property is zoned R6A.

The subject property is located within one block of the Newkirk Avenue [B,Q] Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Investment Highlights

  • 8-Unit Multi-Family Property
  • Eight 1-Bedroom Apartments
  • No Vacancies and No Tenants in Arrears
  • 5,264 Gross Square Feet
  • Clean, Up-to-Date Leases & DHCR Paperwork
  • Five Units Operating on Preferential Rents, Presenting Future Upside Potential
  • Protected Tax Class 2B
  • Prime Ditmas Park Location Only Steps Away from Brooklyn College and Brooklyn Public Library

Exclusively Listed By

Financing By

Multifamily

608 Marlborough Road

Listing Price: $1,650,000

Cap Rate
6.03%
Number of Units
8
GRM
0.11
Price/Unit
$206,250
Price/Gross SF
$343.75
Gross SF
4,800

Investment Highlights

  • 8-Unit Multi-Family Property
  • Eight 1-Bedroom Apartments
  • No Vacancies and No Tenants in Arrears
  • 5,264 Gross Square Feet
  • Clean, Up-to-Date Leases & DHCR Paperwork
  • Five Units Operating on Preferential Rents, Presenting Future Upside Potential
  • Protected Tax Class 2B
  • Prime Ditmas Park Location Only Steps Away from Brooklyn College and Brooklyn Public Library

Investment Overview

Marcus & Millichap has been chosen to exclusively represent ownership in the sale of 608 Marlborough Road, a four-story apartment building comprised of eight one-bedroom apartments. The property is located on Marlborough Road between Newkirk Avenue & Foster Avenue in the Ditmas Park neighborhood of Brooklyn. The subject property was built in 1931 and measures an irregular 38 feet wide by 45 feet deep, on an irregular lot that extends 42 feet wide by 100 feet deep. The property is zoned R6A. The subject property is located within one block of the Newkirk Avenue [B,Q] Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Exclusively Listed By

Financing By

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