Main Content
$1,180,000
- Status Sold
- Property Type Apartments
About This Property
Marcus & Millichap has exclusively sold 350 45th Street, a three story six-family apartment building located on 45th Street between 3rd and 4th Avenues in the Sunset Park neighborhood of Brooklyn, New York. (Block: 746, Lot: 26). The subject property is built 25 feet wide by 69 feet deep and sits on a lot that measures 25 feet by 100.17 feet. All six units are two bedroom apartments and the total gross property size is 5,175 square feet.
The property has undergone recent upgrades and is in good shape overall. All units are railroad two bedrooms.
A new operator is looking at a solid yield day one, with room for growth in the rents.
- Turn-Key Cash-Flowing Asset with Strong Upside in the Rent Roll
- Prime Location in Sunset Park off 4th Avenue
- Seconds From the "R" Train on 45th Street
- Brick 25 Foot Wide Property with Recent Upgrades
- Minutes to 5th Avenue Retail District and Sunset Park
- Rapidly Strengthening Neighborhood with Increasing Average Rents