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182 New York Ave
Brooklyn, NY 11216 Crown Heights

$1,250,000 USD

Apartments For Sale  •  8,250 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,800 SF
  • Lot Size 0.1 AC
  • Building Class C
  • Year Built 1898
  • Cap Rate 9.74 %
  • Zoning R6
100 Transit Score
93 Walk Score

Highlights

Three of nine units delivered vacant, ideal for owner occupancy or repositioning.
Brownstone-style architecture with windows on three sides for ample light and air.
R6 zoning with 2,300+ SF of unused development rights for expansion.
Protected 2B Tax Class limits tax increases to 8% per year or 30% over 5 years.
Blocks from Nostrand, Bedford, Franklin retail, Prospect Park, and Grand Army Plaza.
Excellent transit access: 2, 3, 4, 5, S, A, C trains and Nostrand Avenue LIRR nearby.
Cap Rate: 9.74 %

Public Transportation

Commuter RailDriveWalkDistance
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) 3 min 7 min 0.4 mi
6 min - 1.8 mi
Transit/SubwayDriveWalkDistance
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) 3 min 8 min 0.4 mi
Nostrand Avenue (3,4 Line) (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
President Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 11 min 0.5 mi
Nostrand Avenue (A,C Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 3 min 11 min 0.5 mi
Kingston Avenue (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 3 min 12 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 22 min - 10.8 mi
John F Kennedy International 23 min - 12.2 mi
Newark Liberty International 31 min - 17.1 mi
Evan Kashanian 914-561-8609 Matthews Real Estate Investment Services
Evan Kashanian 914-561-8609 Matthews Real Estate Investment Services