Marcus & Millichap - Tri Borough Multi-Family

584 Rugby Road

584 Rugby Road
, Brooklyn

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Price: $3,100,000
Building Size: 17,392 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 584 Rugby Road, located on the corner of Newkirk Avenue in the Ditmas Park section of Brooklyn. The subject property is a 4 story residential building that consists of 7 one bedroom apartment units and 16 two bedroom apartment units. The property is built irregular on an irregular lot with 37.87 feet of frontage on Newkirk Avenue, 109.6 feet of frontage on Rugby Road totaling approximately 17,392 gross square feet. The property is zoned R7A (Block: 5199, Lot: 30).

This property offers investors the opportunity to capitalize on the strong residential market occurring in the Ditmas Park section of Brooklyn, New York.