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274 7th Ave
Brooklyn, NY 11215 Park Slope

$18,700,000 USD

Apartments For Sale • 26,000 SF

Property Details

Property Type Apartments
Total Building Size 26,000 SF
Lot Size 0.22 AC
Building Class C
Year Built 1920
Cap Rate 6.00 %
Zoning R6A

100 Transit Score

96 Walk Score

                
                    Highlights
                
                                Huge value-add proposition penciling as 8+ cap rate.
                            
                                Property boasts brand new mechanicals (2-years old), New Roof (5-years old), Sand-blasted clean in 2024.
                            
                                From the roof to the basement this property is immaculately maintained...an investors dream.

Property Flyers

274 Seventh Ave - Setup

Financial Summary

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Bank of America	4,000 SF	4/4/2027
Five Guys	2,000 SF	12/30/2027
La Bagel Delight	2,000 SF	2/21/2029

Amenities

24 Hour Access
Air Conditioning
Heating
Kitchen
Sprinkler System
Tub/Shower
Public Transportation
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	1.7 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)	9 min	-	2.5 mi
Transit/Subway	Drive	Walk	Distance
7 Avenue (F,G Line) (F - New York MTA Subway (The Subway))	2 min	5 min	0.2 mi
4 Avenue-9 Street (D,M,N,R Line) (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))	3 min	11 min	0.6 mi
4 Avenue-9 Street (F,G Line) (F - New York MTA Subway (The Subway))	2 min	13 min	0.6 mi
15 Street-Prospect Park (F - New York MTA Subway (The Subway))	4 min	15 min	0.8 mi
Union 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))	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
LaGuardia	24 min	-	11.5 mi
John F Kennedy International	27 min	-	14.2 mi
Newark Liberty International	30 min	-	16.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jeffrey Berman 917-209-3528 Berkshire Hathaway NY Properties

274 7th Ave Brooklyn, NY 11215 Park Slope