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492 Snediker Ave
Brooklyn, NY 11207 East New York

$2,100,000 USD

Apartments For Sale  •  6,375 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,375 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 9.80 %
  • Zoning M1-1
100 Transit Score
70 Walk Score

Highlights

100% Vacant
Free Market | Multifamily
2015 Gut Renovated | 6 Total Units
3 & 4 Bedroom Units w/ 2 points of Egress

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $205,004 USD (2026)
Cap Rate: 9.80 %
Total Expenses: $48,282 USD

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 5 min 19 min 1.0 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) 13 min - 3.9 mi
Transit/SubwayDriveWalkDistance
Junius Street (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 3 min 4 min 0.2 mi
Livonia Avenue (L - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
New Lots Avenue (L Line) (L - New York MTA Subway (The Subway)) 2 min 6 min 0.3 mi
Pennsylvania Avenue (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 1 min 8 min 0.3 mi
Sutter Avenue (L - New York MTA Subway (The Subway)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
John F Kennedy International 16 min - 8.5 mi
LaGuardia 24 min - 11.9 mi
Newark Liberty International 40 min - 19.6 mi
Matthew Peters 716-604-5763 Marcus & Millichap
Matthew Peters 716-604-5763 Marcus & Millichap