Property Description for 413 57th Street
Rare Investment Opportunity with approximately a 6% CAP Rate.
12 Unit New Construction Rental Building.
Located on 57th Street between 4th and 5th Avenues in the Trendy Sunset Park Section of Brooklyn.
Only 2 short blocks from the N Express Train which is 3 stops into Manhattan!
Brand New Construction
Built 20' X 66' with a total of Approximately 8000 Square Feet
7 Story - Elevator Building
Brooklyn Chic’ Facade
Off street parking for 4 cars
6 units are 1 Bedroom apartments
6 units are 1 Bedroom plus Bonus Room / Den apartments
Central Heat, A/C and Separate Boilers in each unit
Balconies in 6 Apartments
Kitchens feature White Lacquer Cabinetry with Cesar Stone Counter Tops, and Stainless Steel Appliances including Dishwashers
Common Roof Lounge
Spectacular views of Manhattan
Additional Features include: overhead lighting and hardwood flooring throughout
The building will be delivered with a legal CO and a 15 year tax abatement.