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Multifamily

122 Hoyt Street

122 Hoyt St, Brooklyn, NY 11217

Listing Price: $3,595,000

Cap Rate
5.90%
Number of Units
5
GRM
13.31
Price/Unit
$719,000
Price/Gross SF
$996.40
Gross SF
3,608

Investment Overview

Marcus and Millichap are pleased to offer 122 Hoyt Street. Positioned in the heart of Boerum Hill, 122 Hoyt Street presents a rare opportunity to acquire a fully vacant, five-unit multifamily asset with significant upside potential in one of Brooklyn’s most desirable neighborhoods.This property sits on a 22.25’ x 81’ lot and is primed for repositioning.

Investment Highlights

  • 122 Hoyt Street, built in 1915, spans 3 stories and 5 units, approximately 3,608 sq ft.
  • 100% Vacant Delivery with favorable zoning & air rights.
  • Located in the Boerum Hill neighborhood, offering exceptional access to transit including nearby subway lines (A, C, G, F, 2, 3, 4, 5, B, D, N, Q, R).

Exclusively Listed By

Financing By

Multifamily

122 Hoyt Street

Listing Price: $3,595,000

Cap Rate
5.90%
Number of Units
5
GRM
13.31
Price/Unit
$719,000
Price/Gross SF
$996.40
Gross SF
3,608

Investment Highlights

  • 122 Hoyt Street, built in 1915, spans 3 stories and 5 units, approximately 3,608 sq ft.
  • 100% Vacant Delivery with favorable zoning & air rights.
  • Located in the Boerum Hill neighborhood, offering exceptional access to transit including nearby subway lines (A, C, G, F, 2, 3, 4, 5, B, D, N, Q, R).

Investment Overview

Marcus and Millichap are pleased to offer 122 Hoyt Street. Positioned in the heart of Boerum Hill, 122 Hoyt Street presents a rare opportunity to acquire a fully vacant, five-unit multifamily asset with significant upside potential in one of Brooklyn’s most desirable neighborhoods.This property sits on a 22.25’ x 81’ lot and is primed for repositioning.

Exclusively Listed By

Financing By

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