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Multifamily

492 3rd Street

492 3rd St, Brooklyn, NY 11215

Listing Price: $5,150,000

Cap Rate
7.50%
Number of Units
10
GRM
10.68
Price/Unit
$515,000
Price/Gross SF
$936.36
Gross SF
5,500

Investment Overview

Marcus &Millichap is pleased to offer this charming opportunity. Located in the heart and soul of Park Slope 492 3rd Street is a brownstone that sits between 6th and 7th Avenues on Third Street—where,  the roadway opens into its famously double-wide breadth. Laid out by Edwin C. Litchfield, this particular block feels brighter, calmer, more gracious: a tree-lined canopy, an uncommon sense of air, space, and time. Then the distinguished run of brownstone and limestone give the street its quiet authority. It feels tucked away yet moments from the neighborhood’s daily life, the Park, and multiple subway lines.

Investment Highlights

  • 492 3rd Street, built in 1920, is a 10 unit brownstone, spanning 5 stories, approx. 5,500 SF.
  • Tax Class: 2B | Zoning: R6B | 90% Fair Market
  • This property is a short walk from the R F and G Subway Lines.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

Multifamily

492 3rd Street

Listing Price: $5,150,000

Cap Rate
7.50%
Number of Units
10
GRM
10.68
Price/Unit
$515,000
Price/Gross SF
$936.36
Gross SF
5,500

Investment Highlights

  • 492 3rd Street, built in 1920, is a 10 unit brownstone, spanning 5 stories, approx. 5,500 SF.
  • Tax Class: 2B | Zoning: R6B | 90% Fair Market
  • This property is a short walk from the R F and G Subway Lines.

Investment Overview

Marcus &Millichap is pleased to offer this charming opportunity. Located in the heart and soul of Park Slope 492 3rd Street is a brownstone that sits between 6th and 7th Avenues on Third Street—where,  the roadway opens into its famously double-wide breadth. Laid out by Edwin C. Litchfield, this particular block feels brighter, calmer, more gracious: a tree-lined canopy, an uncommon sense of air, space, and time. Then the distinguished run of brownstone and limestone give the street its quiet authority. It feels tucked away yet moments from the neighborhood’s daily life, the Park, and multiple subway lines.

Exclusively Listed By

  • Shaun Riney

    Licensed Associate Real Estate Broker

    (718) 475-4369

    Email Shaun

    License(s): NY: 10491208207, NY: 10301215754

    New York City

  • Andrew Bronsteen

    Licensed Real Estate Salesperson

    (718) 475-4329

    Email Andrew

    License(s): NY: 10401314581

    New York City

Financing By

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