Asking Price
$2,925,000
Block / Lot
5101 / 52
Lot SF
7,350 SF (approx.)
Gross Building SF
16,250 SF (approx.)
Free-Market Units
6
Rent Stabilize Units
17
Stories
4
Zoning
R7A
Key Details
Investment Highlights
- 26% Free Market Building - Fully occupied 23-unit property consisting of 6 free market and 17 rent-stabilized apartments, with an average monthly rent of $1,423 per unit.
- Well-Maintained Asset - Minimal deferred maintenance and not subject to Local Law 97 energy requirements, ensuring lower compliance costs.
- Strong Upside Potential - Opportunity for 50% rent upside in both free market and preferential rent units, offering long-term value-add potential.
Brokers
Request Pricing / Contact
For sale
2017 Albemarle Road, Brooklyn, NY, USA
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