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863 Saint Marks Avenue, HOUSE
Brooklyn, NY 11213
Crown Heights

Off Market

Property Type
House
Estimated Size
N/A
Price per ft²
N/A
Bedrooms
0 Bedrooms
Bathrooms
0 Bathrooms
Home Style
N/A
Common Charges
N/A
Taxes
$2,807
Tax Deduction
N/A
Financing Allowed
N/A
New Development
N/A
Building
863 Saint Marks Avenue
Building Year
N/A
Building Floors
5 floors
Building Units
4 units
Middle School
971
Elementary School
PS 289
Days on RealDirect
N/A

Spectacular Condo Conversion Opportunity: This 4 family, 4 unit 20x57ft propertyon a 20x150ft lot is located on one of the best blocks in prime Crown Heights and includes a drive way with two (2) parking spots. Perfect for an investor looking to take advantage of the booming Brooklyn condo market or also works as a 4unit rental with projected yearly income of $138,000 and a 6% CAP RATE. The property is ideally located across the street from the Brooklyn Childrens Museum and Brower Park with majestic limestone mansions lining the block. New construction built in 2005 with separate meters for all 4 units. Maximum buildable square footage of 5,700SF. Property is built 4,560SF. Available AIR Rights of 1,140SF. Condo sellouts in this area are projected at $750-$850/SF. Transportation is easily accessible with 2/3/4/5 trains at the Kingston stop on nearby Eastern Parkway. Delivered vacant. Email Brooke at brooke.safford@corcoran.com for projected rent roll and condo sell out set-up.

Features

  • Brownstone
  • Investor

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Mortgage Calculator

Mortgage Amount

$550,000

This property allows up to 0% financing. You may need to increase your down payment.

Mortgage Payment

$2,200

Total Monthly Payment

$2,900

Listing History

Aug. 16, 2014 Delisted $1,595,000
Feb. 15, 2014 Available $1,595,000
Feb. 11, 2014 Delisted $1,595,000
Jan. 8, 2014 Available $1,595,000
Jan. 8, 2014 Available $1,395,000

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