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Prospect Park South POST J51 DEAL !!!
Brooklyn, NY 11226 Prospect Park South

$3,300,000 USD

Apartments For Sale  •  21,000 SF

Property Details

• Property Type Apartments
• Total Building Size 21,000 SF
• Lot Size 0.14 AC
• Building Class C
• Year Built 1931
• Cap Rate 7.16 %
• Zoning R7A

100 Transit Score

100 Walk Score

Highlights

BUILDING FULLY GUT RENOVATED IN 1990

BUILDING IS FULLY FREE MARKET (SOME TENANTS HAVE RENT STABILSATION RIGHTS)

MANY UNITS GUT RENOVATED IN THE LAST 5 YEARS

B AND Q TRAIN ON CORNER

EXTRA DEVELOPMENT RIGHTS

Property Flyers

RENT ROLL

Financial Summary (Actual)

Net Operating Income: $236,250 USD (2025)

Cap Rate:	7.16 %
Total Expenses:	$173,752 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)	10 min	-	3.2 mi
	9 min	-	3.2 mi
Transit/Subway	Drive	Walk	Distance
Church Avenue (B,Q Line) (B - New York MTA Subway (The Subway), Q - New York MTA Subway (The Subway))	2 min	3 min	0.1 mi
Beverley Road (Q Line) (Q - New York MTA Subway (The Subway))	2 min	8 min	0.4 mi
Parkside Avenue (Q - New York MTA Subway (The Subway))	3 min	10 min	0.5 mi
Cortelyou Road (Q - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
Fort Hamilton Parkway (F,G Line) (F - New York MTA Subway (The Subway))	4 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
John F Kennedy International	23 min	-	11.8 mi
LaGuardia	26 min	-	12.2 mi
Newark Liberty International	34 min	-	19.2 mi