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159 Tehama St - 1239 36th St - 1243 36th St
Brooklyn, NY 11218 Borough Park

$6,000,000 USD

Apartments For Sale • 28,872 SF

Property Details

Property Type Apartments
Total Building Size 28,872 SF
Lot Size 0.23 AC
Building Class C
Year Built 1931
Cap Rate 4.77 %
Zoning R5

95 Transit Score

90 Walk Score

                
                    Highlights
                
                                Calling All Investors, Developers & End-Users!!! 100% Occupied 28 Unit 3 Building Package In Kensington For Sale!!! 
                            
                                The Building Feature Excellent Signage, Great Exposure, 18 Parking Spaces, High Ceilings, R5 Zoning, Full Basement, LED Lighting, 3 Phase Power, ++!!
                            
                                The Property Is Located In The Heart Of Kensington In Between Fort Hamilton Pkwy. & Ocean Pkwy.!!!
                            
                                 Neighbors Include Starbucks, UPS, Kia, The Home Depot, Target, Costco, NYU Langone, ShopRite, T.J. Maxx, Old Navy, Walgreens, CVS, +++!!!
                            
                                The Buildings Have 225 Feet Of Wrap-Around Frontage On Tehama Street & 36th  Street!!! 
                            
                                This Property Offers HUGE Upside Potential!!!

Financial Summary (Proforma)

Net Operating Income: $286,066 USD (2026)

Cap Rate:	4.77 %
Total Expenses:	$178,383 USD

Amenities

24 Hour Access
Controlled Access
Fenced Lot
Security System
Gas Range
Smoke Free
Kitchen
Refrigerator
Oven
Range
Tub/Shower
Storage Space
Bicycle Storage
Maintenance on site
Online Services
Public Transportation

Public Transportation

Commuter Rail	Drive	Walk	Distance
	11 min	-	4.2 mi
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road)	12 min	-	4.3 mi
Transit/Subway	Drive	Walk	Distance
Church Avenue (F,G Line) (F - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Fort Hamilton Parkway (D,M Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	2 min	12 min	0.6 mi
9 Avenue (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	2 min	12 min	0.6 mi
Ditmas Avenue (F - New York MTA Subway (The Subway))	3 min	13 min	0.7 mi
50 Street (D,M Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway))	3 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
John F Kennedy International	26 min	-	13.1 mi
LaGuardia	28 min	-	15.2 mi
Newark Liberty International	32 min	-	18.6 mi

Matthew Shane 516-279-8828 All Island Commercial

159 Tehama St - 1239 36th St - 1243 36th St Brooklyn, NY 11218 Borough Park