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Multifamily

361-367 Legion Street

361 Legion St, Brooklyn, NY 11212

Listing Price: $3,250,000

Cap Rate
6.80%
Number of Units
12
Occupancy
100.0%
Price/Unit
$270,833
Price/Gross SF
$338.75
Gross SF
9,594

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing located at 361-367 Legion Street, between Riverdale Avenue & E 98th Street in the Brownsville section of Brooklyn, New York, on the Boarder of Remsen Village (Block: 03595; Lot: 24, 25, & 26). The offering includes three contiguous 4-Family buildings. The three buildings are all similar in size, approximately 3,300 sf each and 9,594 gross square feet in total. The three buildings sit on a combined lot size of 79 feet by 100 feet. Each building offers, 3, three-bedroom, one-bathroom units and 1, two-bedroom unit. In total, there are 9, three-bedroom units and 3, two-bedroom units, all offering 1-bathroom. All three buildings are fully occupied. The three buildings sit on a combined 79-foot by 100-foot lot with an R6, C1-3 Zone. This allows an investor to utilize an additional 7,786 buildable square feet (as-of-right). There are also two driveways that can be utilized for additional income. The building is located in Brownsville, within 1 block of the “3” Train at Saratoga Avenue.

Investment Highlights

  • Brownsville / Remsen Village Location
  • 100% Occupied | Three - Two-Story Brick Building, Approximately 9,594 Square Feet
  • Additional 7,786 Buildable Square Feet (As-Of-Right)

Exclusively Listed By

Multifamily

361-367 Legion Street

Listing Price: $3,250,000

Cap Rate
6.80%
Number of Units
12
Occupancy
100.0%
Price/Unit
$270,833
Price/Gross SF
$338.75
Gross SF
9,594

Investment Highlights

  • Brownsville / Remsen Village Location
  • 100% Occupied | Three - Two-Story Brick Building, Approximately 9,594 Square Feet
  • Additional 7,786 Buildable Square Feet (As-Of-Right)

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing located at 361-367 Legion Street, between Riverdale Avenue & E 98th Street in the Brownsville section of Brooklyn, New York, on the Boarder of Remsen Village (Block: 03595; Lot: 24, 25, & 26). The offering includes three contiguous 4-Family buildings. The three buildings are all similar in size, approximately 3,300 sf each and 9,594 gross square feet in total. The three buildings sit on a combined lot size of 79 feet by 100 feet. Each building offers, 3, three-bedroom, one-bathroom units and 1, two-bedroom unit. In total, there are 9, three-bedroom units and 3, two-bedroom units, all offering 1-bathroom. All three buildings are fully occupied. The three buildings sit on a combined 79-foot by 100-foot lot with an R6, C1-3 Zone. This allows an investor to utilize an additional 7,786 buildable square feet (as-of-right). There are also two driveways that can be utilized for additional income. The building is located in Brownsville, within 1 block of the “3” Train at Saratoga Avenue.

Exclusively Listed By

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