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814 Prospect Pl
Brooklyn, NY 11216 Crown Heights

$4,250,000 USD

Apartments For Sale  •  6,540 SF

Property Details

• Property Type Apartments
• Total Building Size 6,540 SF
• Lot Size 0.05 AC
• Building Class C
• Year Built 1901
• Cap Rate 6.88 %
• Zoning R6 / R6A / C2-4

100 Transit Score

98 Walk Score

Highlights

Renovated & Turnkey: The entire building was fully renovated in 2018 and meticulously maintained since.

Fully Free Market: The building was destabilized via substantial rehabilitation in 2018 (supporting paperwork available upon request).

Tax Protected: Classified tax class 2B, limiting real estate tax increases to a max of 8% per year and 30% over five years.

Highly Efficient: Separate utilities, new appliances, and efficient unit layouts translate to low expenses and minimal maintenance.

Well-Located: Within blocks of countless café and restaurant options on Nostrand, Bedford, & Franklin Avenues.

Transportation Accessibility: Within blocks of the 2, 3, 4, 5, & S trains, with access to Downtown Brooklyn and the Financial Districtwithin 15 minute

Property Flyers

814 Prospects Pl- OM (4)

Cap Rate:

6.88 %

Amenities

• Air Conditioning
• Dishwasher
• Microwave
• Heating
• Bay Window
• Tile Floors
• Granite Countertops
• Hardwood Floors
• Refrigerator
• Oven
• Stainless Steel Appliances
• Range
• Tub/Shower
• Yard
• Basement

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)	3 min	8 min	0.4 mi
	6 min	-	1.7 mi
Transit/Subway	Drive	Walk	Distance
Nostrand Avenue (3,4 Line) (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway))	1 min	7 min	0.3 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)	3 min	8 min	0.4 mi
President Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway))	2 min	9 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	9 min	0.5 mi
Park Place (S Line) (Franklin Avenue Shuttle - New York MTA Subway (The Subway))	4 min	10 min	0.5 mi
Airport	Drive	Walk	Distance
LaGuardia	22 min	-	10.7 mi
John F Kennedy International	22 min	-	12.1 mi
Newark Liberty International	31 min	-	17.0 mi