Skip to main content

Multifamily

551 82nd Street

551 82nd St, Brooklyn, NY 11209

Listing Price: $1,625,000

Cap Rate
4.87%
Number of Units
6
GRM
13.14
Occupancy
100.0%
Price/Unit
$270,833
Price/Gross SF
$347.82
Gross SF
4,672

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 551 82nd Street, a three story six family apartment building. The property is located on 82nd Street between 5th Avenue and 6th Avenue in the Bay Ridge neighborhood of Brooklyn.

The subject property was built in 1928 and measures 25 feet wide by 73 feet deep, on a lot that extends 100 feet deep and is zoned R5B, BR. The subject property is located five blocks from the 86th Street "R" Train Station, providing easy access to Manhattan the rest of Brooklyn and Long Island.

Investment Highlights

  • Bay Ridge Six Family
  • All Units Have Higher Legal Rents
  • New Roof and Brand New Boiler
  • Five Two Bedroom Units and One One Bedroom Unit
  • Well-Managed with Clean Paperwork

Exclusively Listed By

Listing Price: $1,625,000

Cap Rate
4.87%
Number of Units
6
GRM
13.14
Occupancy
100.0%
Price/Unit
$270,833
Price/Gross SF
$347.82
Gross SF
4,672

Investment Highlights

  • Bay Ridge Six Family
  • All Units Have Higher Legal Rents
  • New Roof and Brand New Boiler
  • Five Two Bedroom Units and One One Bedroom Unit
  • Well-Managed with Clean Paperwork

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 551 82nd Street, a three story six family apartment building. The property is located on 82nd Street between 5th Avenue and 6th Avenue in the Bay Ridge neighborhood of Brooklyn.

The subject property was built in 1928 and measures 25 feet wide by 73 feet deep, on a lot that extends 100 feet deep and is zoned R5B, BR. The subject property is located five blocks from the 86th Street "R" Train Station, providing easy access to Manhattan the rest of Brooklyn and Long Island.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower