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Multifamily

56 Winthrop St

56 Winthrop St, Brooklyn, NY 11225

Listing Price: $1,950,000

Cap Rate
2.37%
Number of Units
9
Occupancy
100.0%
Price/Unit
$216,667
Price/Gross SF
$197.97
Gross SF
9,850

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the sale of 56 Winthrop Street in Prospect Lefferts Garden near Prospect Park, along Winthrop Street, between Flatbush Avenue and Bedford Avenue. The subject property is a four story walk up building with a total of 9 residential units, the building size is approximately 9,834 SF, and sits on 6,033 SF lot, and zoned R6. There is an approximate 4,826 SF of air rights. Long term ownership, first sale in more than 50 years.

Investment Highlights

  • Excellent Location in Prospect Lefferts Garden Near Prospect Park
  • Lots of Future Upside in Renovating Units
  • Large 9 Apartments, Five Garages and Six Parking Spaces in the Rear
  • 6,033 SF Lot Zoned R6, 4,826 SF of Air Rights
  • Close Proximity to the Q, 2 & 5 Subway Stations

Exclusively Listed By

Financing By

Multifamily

56 Winthrop St

Listing Price: $1,950,000

Cap Rate
2.37%
Number of Units
9
Occupancy
100.0%
Price/Unit
$216,667
Price/Gross SF
$197.97
Gross SF
9,850

Investment Highlights

  • Excellent Location in Prospect Lefferts Garden Near Prospect Park
  • Lots of Future Upside in Renovating Units
  • Large 9 Apartments, Five Garages and Six Parking Spaces in the Rear
  • 6,033 SF Lot Zoned R6, 4,826 SF of Air Rights
  • Close Proximity to the Q, 2 & 5 Subway Stations

Investment Overview

Marcus & Millichap is pleased to offer on exclusive basis the sale of 56 Winthrop Street in Prospect Lefferts Garden near Prospect Park, along Winthrop Street, between Flatbush Avenue and Bedford Avenue. The subject property is a four story walk up building with a total of 9 residential units, the building size is approximately 9,834 SF, and sits on 6,033 SF lot, and zoned R6. There is an approximate 4,826 SF of air rights. Long term ownership, first sale in more than 50 years.

Exclusively Listed By

Financing By

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