Marcus & Millichap has exclusively sold 253 Senator Street, a three story apartment building between 2nd and 3rd Avenues in the Bay Ridge neighborhood of Brooklyn, New York. The subject property, built 20 feet by 74 feet, is comprised of six rent-stabilized apartments. The property sits on a lot 101.83 feet deep and 20 feet wide, and offers 4,440 gross square feet. Current zoning is R5B. (Block: 5849, Lot: 53).
The subject property presents a rare opportunity to purchase a well-located apartment building with upside in the collected rent roll. The building is being offered at under 10 times the DHCR registered rent roll.