Closed 01/06/2014

16-Unit Multifamily

219 East 17th Street

Prospect Park South

Closed 01/06/2014 at
4400000

16 Residential Units
17,000 Gross SF
4 Stories
Between Albemarle Road & Beverly Road
Subways
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Multifamily 219 East 17th Street, Prospect Park South
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16-Unit Multifamily
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Details

Block 5121
Lot 52
Lot Size 50 ft x 100 ft
Building Size 50 ft x 88.83 ft
Building Class C1
Zoning R7A
Lot Sq. Ft. 5,000
FAR 4.00
Total Buildable SF 20,000
Available Air Rights 3,000 SF

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of two multifamily buildings totaling 36 units and 35,000 SF in Ditmas Park and Prospect Park South, Brooklyn.

219 East 17th Street is located between Albermarle Road and Beverly Road. The 17,000 SF property has 14 2-bedroom apartments and two 3-bedroom apartments. The building currently produces rental income of approximately $215,000 annually and is located just three blocks from Prospect Park.

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