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762-764 E 32nd St
Brooklyn, NY 11210 East Flatbush

$5,900,000 USD

Apartments For Sale • 13,525 SF

Property Details

Property Type Apartments
Total Building Size 13,525 SF
Lot Size 0.05 AC
Building Class B
Year Built 2021
Cap Rate 6.82 %
Zoning R6A

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                Two adjacent newly constructed multifamily buildings in East Flatbush, Brooklyn. 
                            
                                Four stories and consist of 10,780 SF
                            
                                Total of 16 residential units, which includes 2 onebedrooms, 12 two-bedrooms, and 2 three-bedrooms
                            
                                421-A tax exemption in place through 2055.

Financial Summary (Actual)

Net Operating Income: $437,251 USD (2025)

Cap Rate:	6.82 %
Total Expenses:	$72,476 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
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	-	3.7 mi
	12 min	-	4.2 mi
Transit/Subway	Drive	Walk	Distance
Brooklyn College-Flatbush Avenue (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
Newkirk Avenue (2,5 Line) (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway))	3 min	12 min	0.6 mi
Avenue H (Q - New York MTA Subway (The Subway))	5 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
John F Kennedy International	23 min	-	11.3 mi
LaGuardia	30 min	-	13.4 mi
Newark Liberty International	37 min	-	20.3 mi

Sadya Liberow 347-762-4055 Asset CRG Advisors LLC

762-764 E 32nd St Brooklyn, NY 11210 East Flatbush