Marcus & Millichap - Tri Borough Multi-Family

1302 Avenue K

1302 Avenue K
Midwood, Brooklyn

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Price: $4,600,000
Building Size: 36,000 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew.Fotis@marcusmillichap.com
Property Status: Sold
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 1302 Avenue K , located on the corner of East 13th Street in the Midwood section of Brooklyn, New York.

The subject property, 1302 Avenue K is a four-story apartment building that consists of 19 One Bedroom Apartments and 17 Two Bedroom Apartments. The property is built 100 feet by 90 feet and sits on a 100 foot by 100 foot lot totaling approximately 36,000 gross square feet. The property is zoned R7A (Block: 6724, Lot: 1)

The property offers investors for the first time in over 38 years the opportunity to purchase a corner apartment building with an attractive unit mix, low average rent and three blocks to the subway in the heart of Midwood Brooklyn NY.