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Multifamily

340 41st Street, Sunset Park, NY

340 41st St, Brooklyn, NY 11232

Listing Price: $1,499,000

Cap Rate
3.98%
Number of Units
2
GRM
21.35
Occupancy
100.0%
Price/Unit
$749,500
Price/Gross SF
$550.29
Gross SF
2,724

Investment Overview

Marcus & Millichap is pleased to present 340 41st, a multifamily property located in Sunset Park, Brooklyn, New York. The property rests on 0.05-acre parcel with 2,724 square feet of leasable space and a 1,100 square foot backyard. The property consists of one duplex and one two-bedroom unit on the second floor. The property's outstanding location in Sunset Park, a diverse and densely populated neighborhood on the Western side of Brooklyn near the East River, provides investors an appreciating asset in a strong market. The subject property is ideally located near multiple forms of mass transit, including the NYC Subway 'N' 'Q' 'R' & "W' lines via 45th Street and the Gowanus Expressway (I-278). Additional information is available upon request.

Investment Highlights

  • Approximately 2,724 SF on a 0.05 Acre Lot
  • Legal 3 Family
  • Close Proximity to NYC Subway Lines
  • Fully Gut Renovated with Beautiful Finishes

Exclusively Listed By

Multifamily

340 41st Street, Sunset Park, NY

Listing Price: $1,499,000

Cap Rate
3.98%
Number of Units
2
GRM
21.35
Occupancy
100.0%
Price/Unit
$749,500
Price/Gross SF
$550.29
Gross SF
2,724

Investment Highlights

  • Approximately 2,724 SF on a 0.05 Acre Lot
  • Legal 3 Family
  • Close Proximity to NYC Subway Lines
  • Fully Gut Renovated with Beautiful Finishes

Investment Overview

Marcus & Millichap is pleased to present 340 41st, a multifamily property located in Sunset Park, Brooklyn, New York. The property rests on 0.05-acre parcel with 2,724 square feet of leasable space and a 1,100 square foot backyard. The property consists of one duplex and one two-bedroom unit on the second floor. The property's outstanding location in Sunset Park, a diverse and densely populated neighborhood on the Western side of Brooklyn near the East River, provides investors an appreciating asset in a strong market. The subject property is ideally located near multiple forms of mass transit, including the NYC Subway 'N' 'Q' 'R' & "W' lines via 45th Street and the Gowanus Expressway (I-278). Additional information is available upon request.

Exclusively Listed By

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