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187 Bond St
Brooklyn, NY 11217 Boerum Hill

$2,500,000 USD

Apartments For Sale  •  5,292 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,292 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 7.19 %
  • Zoning R6B
100 Transit Score
88 Walk Score

Highlights

Seven unit apartment building located in the Gowanus section of Brooklyn
The property contains a total of approximately 5,200 square feet and is built 21 feet by 63 feet
The building includes five rent-stabilized apartments and two free-market apartments, providing a mix of regulated and market-rate income.
The property offers stable in-place cash flow with potential for long-term income growth
Gowanus is a neighborhood that has experienced significant redevelopment and investment in recent years

Property Flyers

Cap Rate: 7.19 %

Public Transportation

Commuter RailDriveWalkDistance
4 min 14 min 0.7 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) 8 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Bergen Street (F,G Line) (F - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Hoyt Street-Schermerhorn Street (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) 3 min 7 min 0.4 mi
Nevins Street (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 4 min 11 min 0.5 mi
Pacific Street (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Atlantic Avenue (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway), B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 22 min - 10.6 mi
John F Kennedy International 29 min - 14.2 mi
Newark Liberty International 28 min - 15.3 mi
Derek Bestreich 718-360-8801 Investment Property Realty Group
Derek Bestreich 718-360-8801 Investment Property Realty Group